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Updated over 2 years ago, 06/08/2022

Jason Capalad's profile image
Jason Capalad's profile image
Jason Capalad
  • New to Real Estate
  • from Bellevue, WA
  • Member since Jun 10, 2018
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User Stats

24
Posts
4
Votes
Jason Capalad's profile image
Jason Capalad's profile image
Jason Capalad
  • New to Real Estate
  • from Bellevue, WA
  • Member since Jun 10, 2018
Connect
Jason Capalad
  • New to Real Estate
  • Bellevue, WA
4
Votes |
24
Posts
Private Lending & Conventional Mortgage Advice

HELOC for investment property

Jason Capalad
  • New to Real Estate
  • Bellevue, WA
Posted

Hello BP, i am looking for a HELOC to upgrade another one of my homes, when I applied, i was told helocs aren't allowed for investment properties and that i would have to do a full cash out refi. I was also told 35k is too low for a HELOC. Is this accurate? I don't want to do a full cash out refi because my locked rate is 3%.

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