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Updated about 5 years ago,
Benefits of having HELOC's on some of your rentals...or just one?
Hi Team,
I have a few condos in the Los Angeles area and wanted to get HELOC's on them so I can scale my business.
I am ready to do this but not sure if I should try and get a HELOC on several of my rentals or just one?
What are the Pro's and Con's of doing this and what are other investors doing?
Any suggestions on what the best credit union or bank is to do this.
Any and all advice is appreciated.
Thank you,
Ronnie