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Updated over 3 years ago on .

User Stats

219
Posts
171
Votes
Jim Kalish
  • Real Estate Investor
  • Matthews, NC
171
Votes |
219
Posts

HELOCs on Investment Properties

Jim Kalish
  • Real Estate Investor
  • Matthews, NC
Posted

HI everyone.  I'm sure this has come up before.  I have some Home Equity Lines of Credit from a few years ago that I got from Wells Fargo.  But the properties have really appreciated since then so I would like to redo them along with another property.  And Wells isn't loaning anything to anyone.  I've reached out to at least 90 banks and lenders.  I can't find anyone who is currently doing HELOCs on investment properties other than PenFed and TD Bank.  And both of them have limitations.  They both limit the number to 4 and both are pretty conventional looking for W2s.  If anyone knows of a lender who does HELOCs on investment properties I would really appreciate hearing who.

Thanks in advance

Jim

  • Jim Kalish