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Updated over 6 years ago,

Joshua Smith's profile image
Joshua Smith's profile image
Joshua Smith
  • Investor
  • from Denver, CO
  • Member since Aug 3, 2013
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User Stats

49
Posts
20
Votes
Joshua Smith's profile image
Joshua Smith's profile image
Joshua Smith
  • Investor
  • from Denver, CO
  • Member since Aug 3, 2013
Connect
Joshua Smith
  • Investor
  • Denver, CO
20
Votes |
49
Posts
Buying & Selling Real Estate

HELOC on Multifamily Building

Joshua Smith
  • Investor
  • Denver, CO
Posted

Hi all - My brother has a 4 unit in DC which has 35% equity in it. I'd like to do a significant renovation and am exploring the viability of a HELOC to accomplish that. As an owner occupant, should my brother expect that banks will give me the typical 90% or even 95% LTV HELOC? @Aaron Smith 

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