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Updated over 1 year ago, 07/31/2023
Investment property HELOC
I've been a member of BP for a couple years, but this is my first post. I'm having a financing issue that I'm trying to find a solution to and keep hitting dead ends. I have a 3 family house in Atlantic City, NJ and I'm trying to access some equity. For a few different reasons, a HELOC would work best right now but not many lenders are doing HELOCS on investment properties. I also need a 75-80 LTV (not 70) to be able to access the amount of cash I need. I was wondering if anybody had any suggestions?