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Updated almost 5 years ago on . Most recent reply

Barry Sievers's profile image
Barry Sievers's profile image
Barry Sievers
  • Rental Property Investor
  • from Easley, SC
  • Member since Dec 14, 2019
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Barry Sievers's profile image
Barry Sievers's profile image
Barry Sievers
  • Rental Property Investor
  • from Easley, SC
  • Member since Dec 14, 2019
Connect
Barry Sievers
  • Rental Property Investor
  • Easley, SC
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General Real Estate Investing

Advice on accessing equity from owned homes

Barry Sievers
  • Rental Property Investor
  • Easley, SC
Posted

I am a new investor with a two properties that have some equity I would like to access. One has no mortgage (about 100K value) and the other has small mortgage with 100K in equity. I have formed an LLC, and first considered a business HLOC, although my bank is hesitant since it is a newly formed LLC with no actual history. Any suggestions on how best to use this equity would be greatly appreciated.

Cheryl and Barry

  • Barry Sievers
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