Celebration--- HELOC application in BAM!

[Kirsten Milliken]

I have been reading, chatting, researching, and connecting for a few months now... I currently own my primary home in Maine and another rental in Chattanooga. Today I took the step to actually go to the bank and get that HELOC loan to help fund my first BRRRR. I feel a bit smug because I was able to complete the application and all the necessary documents for the application quickly. I found a local bank in Maine that has a 1-year rate of 2.99 and then 4.75 variable after that. Now the sit and wait for the appraisal.... I'm hoping it will be quicker than usual since it is winter here in Maine.