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Updated over 5 years ago on . Most recent reply

Jermell Shavers's profile image
Jermell Shavers's profile image
Jermell Shavers
  • Member since May 27, 2019
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Jermell Shavers's profile image
Jermell Shavers's profile image
Jermell Shavers
  • Member since May 27, 2019
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Jermell Shavers
159
Votes |
295
Posts
Private Lending & Conventional Mortgage Advice

Just purchased another SFH wanting to take HELOC on 60k property

Jermell Shavers
Posted

I would like to take a Heloc out on a rental I just bought but I talked to a loan officer and he said the property must be worth 100k or better I have a house that’s worth more than a 100k but I don’t want to Heloc that one. Any advice ? I’m not much for risk at this point in the game and don’t want to lose anything

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Cory K Bente's profile image
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Cory K Bente
  • Lender
  • from Everett, WA
  • Member since Jan 11, 2019
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Cory K Bente's profile image
Cory K Bente's profile image
Cory K Bente
  • Lender
  • from Everett, WA
  • Member since Jan 11, 2019
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Cory K Bente
  • Lender
  • Everett, WA
25
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55
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Cory K Bente
  • Lender
  • Everett, WA
Replied

@Jermell Shavers I'm open to discussing your goal & plan with you.

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