Anibal Vazquez
Need Private lending. Small 25k Loan to close on a private deal.
Need Private lending. Small 25k Loan to close on a private deal with equity. I got the deal through hard work and creative structuring. After days of bartering and deal re-structuring I offered cash and he bit for the...
Charlie DiLisio
Best deals on lenders in the Detroit area
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...
Gonzalo Escobar
DTI Calculation for Rental Property HELOC
Quick question to the community regarding DTI calculation. I know in the fannie/freddie world for a non-owner occupied property only the net of the monthly income over the PITIA is applied to the DTI. So for example i...
Douglas Bonilla
HELOC vs Refi on first investment
Need guidance on what's the wisest strategy to finance our first investment from an investors perspective. Various loan officers are saying either "refi on your home" others are saying, no "HELOC" is the best choice.
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Jackeline Sanchez
Should I refinance my primary home to invest in another property
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....
Brian Erickson
HELOC: How does the bank decide what your house is worth?
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...
Jeffrey Soltau
Starting out strategy advice
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...
Charles Jessup
Looking for a HELOC on an investment property in Texas
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...
Matthew Disney
HELOC with Interest-Only Draw Period
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...
William Pope
Line of credit investment property
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...