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Updated 9 days ago, 11/17/2024

User Stats

9
Posts
2
Votes
Mark Alford
2
Votes |
9
Posts

Is there a bank that will lend a HELOC on a Multi Family Property

Mark Alford
Posted

I am interested if anyone has a referral for a bank that will lend (first position) a HELOC on a 4 family property in Columbus, Georgia. This may put me in a position to be a cash buyer for the next property. I have asked a few banks and they don't have this product available. I was also told it was a business decision not a regulatory restriction. So maybe it's possible. I just can't seem to locate that bank. Any advice?

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