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Updated about 7 years ago on . Most recent reply

Heloc on a Rental Property
Hello All,
I recently moved out of my home of 8 years that I had aggressively paid down. I kept it and am using it as a rental property now. Its value is about 160k and I owe 39k. I would like to take a Heloc out on it to invest in more properties, but cannot seem to find anyone willing to provide this option on a rental property. Any suggestions?
Most Popular Reply

So why not do a Cash Out Refinance? I think that would be easier. Many companies should be willing to do that.