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
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Quicken Loans Home Equity Loan
I have a duplex with about 200k in equity that I want to use to finance my next purchase. Quicken Loans has called me and can finance 70% loan to value or about 280k on a mortgage to buy another investment.
Has anyone had experience with Quicken for this type of deal?
What other deals might be out there to finance anothee duplex to four plex using my exisit place?
I figure I could sale it and get a duplex or use a heloc to get into another duplex and have all rents go to paying off the loans.
Thanks!