Home Equity LOC Questions

[Norman Cross]

Hello fellow BP members,

I am currently in the market for a multi-family in the Greater Philadelphia Area to live in and rent out the remaining locations. With that, my realtor advised me to take a different house I own in Nebraska and put a HELOC on it since I have a good amount of equity in it. I have heard quite a bit about HELOCs lately and think this may be a great route in case an opportunity presents itself and I have to react quickly. Does anyone have any references for mortgage brokers for Nebraska that could help me with this?

Thank you and happy hunting!

Norm