Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. 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 almost 4 years ago,

User Stats

1
Posts
0
Votes
Ross Adamczak
0
Votes |
1
Posts

Recommended ways to access equity in investment properties

Ross Adamczak
Posted

Questioning if I am going down the right road to expanding my portfolio. I have a couple of investment properties with a lot of available equity. They are cash cows with low interest rates mortgages. So I don't foresee selling as a good option. With the current prices in the market being so inflated I'm not sure about doing a cash-out refi seeing as I might be sitting on cash for a bit until the next good opportunity comes up. 

Therefore I am in the process of trying to find a lender to do an investment HELOC. My vision is to use this HELOC for a down payment on future purchases.

Wondering if my approach is the best way to get access to the equity in my properties. If I do get multiple HELOCs do I run the risk of having issues getting loans because of DTI or something else.

Just making sure I am not leading myself into a trap trying to get some more cheese.

Loading replies...