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Updated about 5 years ago,
No HELOCS on rentals in Texas
Well so much for my grande idea. My rentals have been all bought with the heloc on my primary. Well now I’d like to put the equity of my free and clear properties to use. My big idea was to get helocs on those properties but I just found out no can do in TX. Crud. Heloc is all I know. So now I’m watching vids on cash out refis.
Any Texas investors have a preferred way of using the equity of your free and clear Non owner occupied properties? Traditional investment property loan probably the worst idea? Thanks in advance.