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Updated about 5 years ago, 10/24/2019

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5
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0
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Tyler Smith
  • Dalhart
0
Votes |
5
Posts

No HELOC in Texas for real estate investment??

Tyler Smith
  • Dalhart
Posted

Hello everyone im a newbie just getting started. Or trying to get started. Im trying to find ways to fund some of my deals I want to do. I bought a house that was a fixer upper and have about $66,000 in equity. I recently figured out that I can not take a HELOC out on the house to go invest that in rentals. In the great state of Texas. Is this true and are there other options of tapping into this equity to start investing??

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