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Updated about 4 years ago,

Keith Richardson's profile image
Keith Richardson's profile image
Keith Richardson
  • Investor
  • from Vermont
  • Member since Apr 30, 2020
Connect

User Stats

17
Posts
8
Votes
Keith Richardson's profile image
Keith Richardson's profile image
Keith Richardson
  • Investor
  • from Vermont
  • Member since Apr 30, 2020
Connect
Keith Richardson
  • Investor
  • Vermont
8
Votes |
17
Posts
Buying & Selling Real Estate

HELOC for rental property

Keith Richardson
  • Investor
  • Vermont
Posted

We're looking to put an offer on our first investment property today and having issues pulling out a HELOC for the purpose of using it towards an investment property. It seems was if once they find out its for a rental property there is a hard stop. Do I just need to tell them its for something else? How can a bank track what I use my money for?

Thanks!

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