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Does anyone have experience using a HELOC to pay off a mortgage early? I just bought my first property and had never heard of such a concept until I was recently listening to the Real Estate Guys Podcast. I've been li...
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Hello BP members,
Is anyone familiar with this program? If so, would like your feedback. I am interested in this to build up equity faster and use that to buy real estate.
Thanks, Kishor Thope
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Hi All, New here and wondering the best way to finance a 3 unit i have my eye on utilizing the over $200k in equity in my home without putting down cash. I was thinking down payment with a HELOC but the repayment term...
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Hello investor Do you guys know any banks do heloc mortgage in invesment properties
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Hi everyone,New investor here, relatively new poster, longtime lurker, lover of all things RE. I have a question about recasting of a mortgage loan, for any of you financing experts out there.Acquired my first 2 renta...
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Hi all,I want to invest $200k into buying my own rental properties. I would like to take home $3k/month profit from this (e.g. after expenses). I would like to accomplish this all in ~1 year.How difficult on a scale o...
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Just heard about a friend of a friend who is using a HELOC with the intention of paying off his home quickly. The basic idea is that you use a HELOC to pay off your original mortgage. Then instead of having your free ...
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I met a lady selling her house, long story short. she wants to move out of state in a few months and I told her I would buy her house. I told her I would be okay with just taking over her mortgage. and she was just fi...
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