All Forum Posts by: Rene Ochoa

Hi Chris Seveney, I just built a 2 unit in san diego and I was thinking about going solar on those unit's, but I don't know how the billing process works, the tenant pays the bill, or it's better to include it in the rent

thank you

0 Votes

San Diego, California

Morning, does anybody know how the solar panels work in a rental property, or it's the same as primary residence?

0 Votes

San Diego, California

Quote from @Rene Ochoa:

Quote from @Andrew Postell:

@Rene Ochoa On the investment property you are trying to get a HELOC on, what is the value of the property and how much do you owe on the property?

Hi @Andrew Postell
the amount that I own is 330 and with some comparable, I think the value will be 700-750
thank you

0 Votes

San Diego, California

Quote from @Andrew Postell:

@Rene Ochoa On the investment property you are trying to get a HELOC on, what is the value of the property and how much do you owe on the property?

Hi @Rick Albert the amount that I own is 330 and with some comparable, I think the value will be 700-750
thank you

0 Votes

San Diego, California

Quote from @Rene Ochoa:

Quote from @Rick Albert:

A lot of banks right now are holding off on HELOCs on investment properties or if they are, they terms aren't great.

Since it is house hacking, have you looked into the FHA 203(k) loan? There are other construction loans for primary residences that will probably work.

Hi @Rick Albert thank you I will look into FHA 203(K) loan.

1 Vote

San Diego, California

Quote from @Rick Albert:

A lot of banks right now are holding off on HELOCs on investment properties or if they are, they terms aren't great.

Since it is house hacking, have you looked into the FHA 203(k) loan? There are other construction loans for primary residences that will probably work.

0 Votes

San Diego, California

Hi,I'm trying to get a HELOC on investment property and used to house hacking, construction .the bank that I have my properties doesn't have it anymore where is a good place to get that type of loan?

thank you

1 Vote

San Diego, California

All Forum Posts by: Rene Ochoa

Rene Ochoa has started 4 posts and replied 9 times.

Post: Cash out refinance

Post: Managing software to use

Post: Solar panels rental property

Post: Solar panels rental property

Post: New to BP, HELOC INVESTMENT.

Post: New to BP, HELOC INVESTMENT.

Post: New to BP, HELOC INVESTMENT.

Post: New to BP, HELOC INVESTMENT.

Post: New to BP, HELOC INVESTMENT.