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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
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
Starting Out
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 over 6 years ago on . Most recent reply

User Stats

61
Posts
9
Votes
Louis Van Der Westhuizen
  • New to Real Estate
  • 92656
9
Votes |
61
Posts

Taking equity out of an investment property

Louis Van Der Westhuizen
  • New to Real Estate
  • 92656
Posted

I'm new to investing (research/planning and learning phase) and I've heard that you can't get a HELOC on a second home/ investment property. How are investors taking cash out of their rentals to reinvest in other deals? I'm in Southern California.

Most Popular Reply

User Stats

465
Posts
184
Votes
Caleb Jordan
  • Lender
  • Arlington, TX
184
Votes |
465
Posts
Caleb Jordan
  • Lender
  • Arlington, TX
Replied
Originally posted by @Louis Van Der Westhuizen:

I'm new to investing (research/planning and learning phase) and I've heard that you can't get a HELOC on a second home/ investment property. How are investors taking cash out of their rentals to reinvest in other deals? I'm in Southern California.

Local small banks are a really good start. Also call some hard money lenders, some offer mid to long term loans on invesment properties and have cash out refi options.

Loading replies...