Jason Stephens
New Mortgage / Credit Score - Questions
Good Afternoon,My wife and I made some good money on the appreciation of our existing home and we want to buy and invest in a new home. Here is my current situation:Mortgage Amount: $370,000Home Value - $650,000HELOC...
Dustin Ruff
First deal my forever home
I have yet to buy my first property. I have finally pulled myself out of debt, have a great credit score with under 10k to use and still saving.
I have lofty goals to own 50 units in the next 10 years by the tIme I’m...
Nicole Pierce
HELOC loans. Can you change the payment?
Hi. I am wondering if its possible to changed a HELOC loan as in terms of the payment. It's 1% now even though the agreed upon payment was to be interest only. I got shocked when I opened the letter I recieved and was...
Arturo Gouro
Need lender, realtor, property manager to start investing
Hello this is my story. I want to invest in real estate buy, hold & rent. Right now I live in Woodbridge, Va. I have learn so much by reading the ebooks and listening to the podcasts. Right now I have equity in my...
Kyonne Isaac
HELOC provider in PA/Philly against an out-of-state investment?
Hi everyone!Just discovered Bigger Pockets - WOW! I'm hoping some more experienced minds in the tri-state can point me in the direction of a solid lender who would be game to provide a HELOC on an investment property ...
Sean Ade
How to convince my parents to use a HELOC
Hey BPI could use some help trying to convince my parents investing in real estate is a smart decision. I found out they have a ton of equity in their house and could easily take out a HELOC for a downpayment on a ren...
Antoinette Maria Russum-Hane
How best to use residential equity
I am a 50+ year-old woman interested in selling my residential home up north to take the equity and purchase either cash flowing duplex in NC/FL so that I can live in one and rent out the other, or I can refinance my ...
Amily Yi-Chieh Tseng
How to make an offer in this case?
If a property is listed for $450K, I'm pre-approved for $410K, but I do have a HELOC ($140K) to utilized and cover both the DP and the $40K difference, how should I put it on the offer? Would the mortgage company hav...
Jacob Wint
Assumable Mortgage Help
I've done several flips to build capital. I like to stay away from hard money. I have enough saved up but not enough to do what I want in the market I am in. I know you can say I can grind away etc and get the capital...
Andrew Galeano
Does a Refinance loan make sense
Would it make sense if i get a family member to cash out refinance $250,000 on a fully pid 1 million dollar house and that i will assume the responsibility of the $1,400 monthly payment that comes with doing that? Has...