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Updated 8 months ago,

Chris Turek's profile image
Chris Turek's profile image
Chris Turek
  • Member since Dec 30, 2018
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33
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14
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Chris Turek's profile image
Chris Turek's profile image
Chris Turek
  • Member since Dec 30, 2018
Connect
Chris Turek
14
Votes |
33
Posts
Private Lending & Conventional Mortgage Advice

2nd mortgage or HELOC on investment property in NJ

Chris Turek
Posted

I’d love to get some ideas on how to get equity out of an investment property.  I have an investment property worth ~1m with a note on it for just under 500k.  The current loan is 3.5% so I won’t refinance into a new mortgage.  I would like to take 200k out of this property to purchase a new investment property.  Does anyone have any ideas where to start.  

Thanks

Chris 

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