Skip to content
×
PRO Members Get
Full Access
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
Investor Mindset
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 2 years ago on . Most recent reply

User Stats

2
Posts
1
Votes
Shane Gaude
1
Votes |
2
Posts

Rental property question

Shane Gaude
Posted

I’ve purchased a investment rental about a 1 1/2 yrs ago. I used a Heloc to purchase the property and do some needed renovations over the past year. I’ve raised rent slowly for long term tenant that has been there for 5 yrs or so. Long story short. Purchase price was 80,000. Put 20,000 down from Heloc.  Spent roughly 8000 on AC and other exterior repairs. Is my loan seasoned enough to refinance,  to get access to my Heloc for next deal? Should I use a different lender for this? Considering bigger pockets for that?  Other similar properties in area are listed for 120,000-130,000. Have not renovated interior, was waiting for tenant to move do renovations would be easier. Thanks for anyones feedback.

Loading replies...