Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago on . Most recent reply

User Stats

111
Posts
61
Votes
Alex Winfield
  • Real Estate Agent
  • Norfolk, VA
61
Votes |
111
Posts

Investor Property HELOCs?

Alex Winfield
  • Real Estate Agent
  • Norfolk, VA
Posted

Hey, Bigger Pockets crew!  I am looking for myself and my clients for a company that does HELOCs on investment properties?  Preferably, someone who is very familiar with their products and HELOCs in general.  I am looking to do one in the future myself to help increase my buying power and trying to also find some solid resources on the subject for my clients and a community of "Hopportunity" investors in the Norfolk and Virginia Beach area.  HouseHacking is a great way to build up the portfolio, but at times when things are appreciating quickly, it would be nice to leverage some of that equity (with caution) in order to speed up the portfolio acquisition process.
Please let me know what you think of the idea and if you have any resources or people that are pro's on the topic.

Thanks!
Alex

  • Alex Winfield
  • Most Popular Reply

    User Stats

    111
    Posts
    61
    Votes
    Alex Winfield
    • Real Estate Agent
    • Norfolk, VA
    61
    Votes |
    111
    Posts
    Alex Winfield
    • Real Estate Agent
    • Norfolk, VA
    Replied

    Thanks guys. Good feedback. My personal properties are in an LLC but the loan is still under me.
    Patty, thanks for the portfolio idea as that is something I had not heard of yet with lines of credit. 
    Sean, do you have any buddy over at Langly FCU that you work with or recommend? . My Grandfather actually helped start that credit union like 100 years ago, lol!  

    Thanks for the input! 
    Alex


    #heloc, #Virginiabeach, #Norfolk, #VAHouseHack 

  • Alex Winfield
  • Loading replies...