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Updated over 8 years ago,

Joe Aagaard's profile image
Joe Aagaard's profile image
Joe Aagaard
  • Investor
  • from Marietta, Georgia
  • Member since Jan 29, 2014
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Joe Aagaard's profile image
Joe Aagaard's profile image
Joe Aagaard
  • Investor
  • from Marietta, Georgia
  • Member since Jan 29, 2014
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Joe Aagaard
  • Investor
  • Marietta, GA
0
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12
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Private Lending & Conventional Mortgage Advice

Equity loan on rentals - Marietta GA

Joe Aagaard
  • Investor
  • Marietta, GA
Posted

Has anyone recently had luck getting a home equity loan or loan collateralized based on rental homes?

I have two properties in Marietta, GA which are both conventionally financed. Wells Fargo would go only to 60% total LTV and I need at least 70% to make it work (75% more ideal). All other banks I have contacted don't do rental loans period.

I would be especially interested in a referral to a local lender in north metro ATL.

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