Here's the situation:I am renting month-to-month, and I would like to purchase a home. I already own a condo, which is currently rented. I would like to keep it. I'm shopping in the $150K range. The condo has about $6...

Hi,If I use a large some of a HELOC account, for ex. using $150K out of $200K, for a few months (say 6 months). Will that hurt my credit score?I'd pay, on time, the monthly interest-only amounts (~$600 a month). All o...

Has anybody had or have problems coming up with down payments for investment properties? I have two rental properties and I want to purchase more but coming up with the down payment is a challenge now.

Anyone have experience or insight into "All in One 1st Lien HELOC?" Was pitched to me today as a means of chopping my primary home loan payoff time from 360 months down to about 120, without increasing my monthly paym...

Good morning, everybody. My fiancee and I are interested in getting into flipping and renting properties. A strategy my realtor threw my way was this, buy the first property all cash a 30K home or so for 20k. Put abou...

Over the past 5 years I've bought 2 single family homes in a college town. Both houses have been very successful. I have worked in construction for years and plan to do so for the foreseeable future, however I would l...

Hi EveryoneI recently purchased a triplex in Miami using a HELOC against my primary home in NYC, under a LLC.  Now I’m looking to do a cash out refinance with NO-DOC.  Any recommendations?Thank youWai Ng

Can I pull a Equity Loan on non-owner occupied property?

My home's value is about 650k. I currently have a fha loan @ 3.75% for 200k. I would like to access 100-125k of my equity. My current loan is 6 months old and I DO NOT want to refi. My credit score is about 620 so I d...

Hello all,I recently had an appraisal done on my primary residence for a HELOC.  The appraisal came in a $305,000.  The outstanding balance on my original loan is $227,365.47.  The difference being now $77,634.53 And ...