I heard that appraisals only count the upstairs square footage. This property is bungalow and I added 2 bedrooms and another full bathroom down in the basement. Also added an egress window in the basement. Thought...
In case anyone is in the market for it....
We just closed a HELOC with Bank of the West.
They will extend a line up to 60% LTV for investment properties and closed in the name of the LLC. That is, we did not have t...
I want to refinance my primary home to pull the equity and take out cash to buy an investment property. However, if I do that, I will increase my interest rate. Consequently, my monthly mortgage will increase as well....
We purchased our first ‘house-hack’ less than a year ago and we are looking to utilize a HELOC to have on hand for further investments.Do banks typically just look at the difference between purchase price and what you...
Been wanting to get into Real Estate investing for quite some time. My preference is to buy and hold (rent). I think I have the available finances to get started and would love any advice you can offer. Here were my...
I have an investment property in Texas (worth $200k, existing mortgage of $100k at 4.25% interest) and I want to either refinance or get a 2nd morgtage on. The banks have not been helpful, most of them straight up ref...
Hi everyone - long time lurker, first time poster.
Anyone have recent experience obtaining a HELOC on a primary residence? I'm looking for one with interest-only payments during the draw period to potentially use fo...
recommendation for bank that will give a line of credit on a rental property I own free and clear and property and I are both located in Houston Tx ( specially a LOC) Thanks in advance! Also property was fully renovat...
I'm toying with the idea of paying off my primary and having a large HELOC to use opportunistically, with the intent to use for flips and/or BRRR. The #1 trepidation I have is the very slim odds that the bank says "gi...