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Updated almost 8 years ago,
LOC on Residential Rentals
I'm looking to pull equity from some rentals, and was wondering if anyone has been able to find lenders or lending products that will allow a HELOC type product on investment real estate? A duplex and a SFR cashflowing nicely, and I want to have equity available for reinvesting but also keep these great low fixed rates they've got. Both around 50% LTV presently.
Any creative (or not so creative) ideas?
Feel free to msg me privately, or reply to the post for everyone to learn from!
-Geoff
Snohomish, WA.