General Real Estate Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago, 05/16/2016
Line Of Credit
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!