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.
Multi-Family and Apartment Investing
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 8 years ago,

User Stats

1
Posts
0
Votes
Nico Heredia
  • Engineer
  • Encinitas, CA
0
Votes |
1
Posts

HELOC for Multi Family 3-5 year Off Market Value Add

Nico Heredia
  • Engineer
  • Encinitas, CA
Posted

Hello Bigger Pockets! My name is Nico and I have recently started learning/listening/studying real estate investment through Bigger Pockets and the real world. I currently work for a large developer multi family mixed use property's. 

However, I'm looking to begin in the real estate investing game on the side. 

Currently I have a house in San Diego that I am looking to receive a HELOC with.

The HELOC will be used for a commercial property value add with a 3 year hold.

I would greatly appreciate some advice as to where I should begin my search for a HELOC in San Diego. What rates would be expected? Would you guys recommend a HELOC for a 3 year hold? Or should I be looking into a home equity loan?

Thanks in advance! 

Nico 

Loading replies...