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Updated about 7 years ago on . Most recent reply

Jason Y.'s profile image
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Jason Y.
  • Investor
  • from Torrance, California
  • Member since Nov 4, 2015
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Jason Y.'s profile image
Jason Y.'s profile image
Jason Y.
  • Investor
  • from Torrance, California
  • Member since Nov 4, 2015
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Jason Y.
  • Investor
  • Torrance, CA
1
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10
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Multi-Family and Apartment Investing

Equity line of credit

Jason Y.
  • Investor
  • Torrance, CA
Posted
I have multi-units in Tacoma,WA , Fresno,CA and Surprise,AZ. Does anyone know a nice bank that will be able to give me an equity line of credit/second mortgage note ?
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Brian Pinckard's profile image
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Brian Pinckard
  • Rental Property Investor
  • from Atlantic Beach, NC
  • Member since Nov 1, 2016
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Brian Pinckard's profile image
Brian Pinckard's profile image
Brian Pinckard
  • Rental Property Investor
  • from Atlantic Beach, NC
  • Member since Nov 1, 2016
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Brian Pinckard
  • Rental Property Investor
  • Atlantic Beach, NC
18
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Brian Pinckard
  • Rental Property Investor
  • Atlantic Beach, NC
Replied

If you are eligible you might check out PenFed (think to be eligible you have to be a veteran or related to one).  They do HELOCs on investment properties.  As many properties as you want up to $400,000. 

  • Brian Pinckard
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