Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated 18 days ago, 11/28/2024
Increasing HELOC on investment property
I have a HELOC on my investment property that I opened while still living there. It's with TD Bank. The property value has increased quite a bit since then and i would like to increase it, but i wasn't sure it they would entertain it being that its an investment now and not my primary home. I'm not sure if i would risk them closing the HELOC. Should i ask them to increase it? Or is it possible to get a second HELOC though someone else?