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Updated over 5 years ago,
Banks offering investment HELOCS
Hey BP Folks,
Wanted to see if anyone has any experience with banks out there (national/regional/ credit unions etc) that are currently offering investment lines of credit?
Not sure if this is a thing or not in today's mortgage space... I have to imagine other investors are in the same boat, who would prefer to go the HELOC route instead of cash out refinances. Just to have the option to use funds if and when a deals comes by, instead of refinancing cash out and immediately paying on that new higher financed amount.
Thanks in advance!!