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Updated almost 6 years ago on . Most recent reply

Kristopher Orr's profile image
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Kristopher Orr
  • from Kansas City, Missouri
  • Member since Apr 5, 2018
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Kristopher Orr
  • from Kansas City, Missouri
  • Member since Apr 5, 2018
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Kristopher Orr
  • Kansas City, MO
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Multi-Family and Apartment Investing

Equity line of credit against investment property

Kristopher Orr
  • Kansas City, MO
Posted

Hey everyone! Hey so I have owned a commercial investment property for coming up on 3 years. Since that time, the equity in my property has jumped significantly. I am now looking to leverage that money by getting what would essentially be a HELOC but for an investment property instead of my primary residence. Does anyone in the Kansas City area know of any banks that would entertain this idea? Thank you in advance BP!

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Sam Grooms
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  • from Phoenix, Arizona
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Sam Grooms
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  • from Phoenix, Arizona
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Sam Grooms
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  • Phoenix, AZ
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Sam Grooms
  • Investor
  • Phoenix, AZ
Replied

You might have better luck here:

https://www.biggerpockets.com/forums/706-kansas-city-real-estate-forum

It shouldn't be too hard to find a local bank willing to do this. 

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