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Updated over 8 years ago, 05/16/2016

User Stats

107
Posts
41
Votes
Ricky Beliveau
  • Investor
  • Boston, MA
41
Votes |
107
Posts

Line Of Credit

Ricky Beliveau
  • Investor
  • Boston, MA
Posted

I have a large amount of equity in two of my multi family properties in Boston. They are both locked in at very low interest rates on 30 year fixed. I am wondering what options exist for lines of credit off of these properties to be used as liquidity in my flipping/condo conversion business. I know HELOC is only for primary residence so looking for options/lenders that will do similar for rental properties up to say 70-75% LTV.

Thanks!

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