HELOC - Who should I use in MN? What type of company?

[Jeremy Karja]

Hi,

I am wanted to do a HELOC and take a loan against the equity of my home. Who should I go to in MN to do this? If you do not have a specific one in MN what type of companies should I look at?

What are the things I need to look out for in doing this?  Any gotchas?

I am looking to invest using the BRRRR strategy then pay it pack after the remodel.

Thanks everyone.

[John Woodrich]

Start at your bank, it may be easier because you have an existing relationship with them. Less paperwork and hopefully less of a hassle. If the numbers work anyone will give you a HELOC and I would be surprised to see significant differences in rates.