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Updated almost 6 years ago on . Most recent reply

Lester Walkowicz's profile image
Lester Walkowicz's profile image
Lester Walkowicz
  • Rental Property Investor
  • from Youngsville, NC
  • Member since Apr 16, 2015
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17
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3
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Lester Walkowicz's profile image
Lester Walkowicz's profile image
Lester Walkowicz
  • Rental Property Investor
  • from Youngsville, NC
  • Member since Apr 16, 2015
Connect
Lester Walkowicz
  • Rental Property Investor
  • Youngsville, NC
3
Votes |
17
Posts
Private Lending & Conventional Mortgage Advice

Heloc approach to out of state property

Lester Walkowicz
  • Rental Property Investor
  • Youngsville, NC
Posted

I have a property that has about 150k in equity.  I just moved down to Wake Forest, NC and the property that i own is in NJ.  

Do i need to approach a bank or lending institution here in NC or does it have to be back in NJ.  Or does it even matter?

If so does anyone have a recommendation for a local lender that offers good ltv and rates on helocs in the Wake Forest/Raleigh area?

Appreciate in advance.

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