HELOC on rental property in Georgia

[Eddie Espinal]

I'm super excited that today I'm going to wire the last payment for one of my rental property to have it completely paid off in just three years. Now, I want to use that equity and put it to work and I was thinking to get a HELOC from a local credit union or bank. My question is, have anybody here done a HELOC on a rental property in Georgia? If so, where can I try first? Any inputs will be greatly appreciated.

Thanks in advance!

[Mitch Messer]

Hey @Eddie Espinal, I've got an excellent mortgage banker who lends here in Georgia (and also South Carolina). I'd recommend you give him a call and see what terms are available.

Connect with me here on BP if you'd like his contact info and a warm introduction.

For the record, I receive ZERO compensation for making this referral.