Late in 2021 I used a HELOC as the down-payment on a duplex in Michigan. The duplex was turnkey, but has the potential to add a couple bedrooms in the future. Currently it is fully rented so will probably add rooms ...

Does a HELOC have to be paid in full if the property used to secure the credit line is sold?

Hello all,I need your guidance please!  I have found a property at auction that is a massive deal. I did my due diligence and discovered it does have a lien against the property for a balloon mortgage of ~44k.  Even w...

Hey Bigger Pockets! I was hoping to get some ideas on how investors are paying off their HELOCS for REI. I would like to buy, rehab and hold another multifamily in my area. The price is to high to Buy cash but I would...

Yes 

I am approaching my 1st rental property buy and of course trying to do all the homework. By the way BP.com is awesome. So rather than using my own cash or pulling money from stocks, I have been thinking about a HELOC....

When bidding on auction properties from auction.com, does anybody know if most of the properties have existing lines that need to be paid before closing on a property? Or do the properties primarily have clean title?

Hey BP Fam, I am trying to wrap my head around how the repayment of private lenders works, specially while using the BRRRR strategy. Can y'all give me some examples of your terms/stipulations. For example, is a specif...

Thinking of doing a HELOC... what are the pros and cons of repaying it? From my point of view, why would I do a HELOC versus saving up and using cash. Paying interest on an amount of money that I could’ve just saved d...

I am a looking for  advice/ books to help guide me the process of setting the proper entity when working with investors. How are they paid back, based on how much they invest. How much should I invest since I am doin...