I just took out a HELOC to use as a down payment an investment property. My monthly payments will be low (interest only for 10 year draw period), so shouldn't really affect my debt to income ratio much.Once I buy the...
So, I was about to do a HELOC and Refi with my Companies Credit Union, but there are stipulations on what the HELOC can be used for, I was told, "you cant use the HELOC to buy a business or another home." Can anyone s...
Hello BP community,
Newb RE “investor” here looking for some advice. I stumbled upon BP years ago but only now have decided to move forward with getting in to Real Estate.
I currently live in the house I grew up...
I've recently seen people giving advise to take out a HELOC as a means to pay your normal everyday expenditures including bills, and at the same time, taking your paycheck from job and applying it every month towards ...
Does anyone have any experience with the Aven HELOC card? Is the company legit? How are the rates currently? I’m interested with the supposed ease and quickness they claim to open and use said card. Looking to tap...
Here is my situation. I bought a house and the LTV is around 70% as to today. In few years i am planning to convert current house as a rental and purchase a new house as a primary residence. So here is my question.1. ...
Myself along with my wife have recently decided to REALLY make a push to continue our investment education and purchases. We currently own a few single family homes and a condo in which we currently live in. We ...
Need my NY friends here... Anyone know a good HELOC option in NY area? My brother in law has a mortgage on around 75% and he's looking for 90% LTV. This is his primary residence.