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Updated almost 7 years ago,

User Stats

21
Posts
5
Votes
Kristopher Orr
  • Kansas City, MO
5
Votes |
21
Posts

HELOC on Commercial Property

Kristopher Orr
  • Kansas City, MO
Posted

Hey everyone! So I own a small commercial apartment building that's 5 units. I was wondering if I could use this property to get a HELOC and use that money to buy and flip single family homes. My question is, are there rules, regulations, qualifications or RESTRICTIONS on using a line of credit on a commercial property to purchase other properties?

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