Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mortgage Brokers & Lenders
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 almost 3 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Evan Hosaka
  • Las Vegas, NV
0
Votes |
5
Posts

HELOC on Las Vegas Rental

Evan Hosaka
  • Las Vegas, NV
Posted

I have a rental with about 110k mortgage and 300k value and it is currently leased for $1650/mo. 

i know that I can cash out Refi to pay down my primary mortgage and then HELOC on that, but does anyone know of a bank here that would HELOC on rental? I understand interest would be higher and the LTV would be lower and that is okay. Just trying to understand my options and cost of money.

Thank you, BP!

  • Evan Hosaka
  • Most Popular Reply

    User Stats

    227
    Posts
    86
    Votes
    Daniel Y.
    • Investor
    • Henderson, NV
    86
    Votes |
    227
    Posts
    Daniel Y.
    • Investor
    • Henderson, NV
    Replied

    @Cris Normandt not sure if you can do HELOCs, but might as well tag you and see what you can do.

    Loading replies...