Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 3 years ago,

User Stats

335
Posts
57
Votes
Ryan Keenan
  • bethel, ct
57
Votes |
335
Posts

How can I get approved for a heloc owning 6 rental properties??

Ryan Keenan
  • bethel, ct
Posted

Hey BP I live in CT, with wells fargo all of a sudden closing my personal LOC, Now I can't even get a HELOC on my primary or any of my rentals and I have a nice amount of equity in there.. my DTI is too high. I first applied to wells fargo when I only had two properties and they gave me a nice 50k loc now that they are closing, I'm afraid I keep getting denied. Does anyone have any idea of what banks to try? Are the credit unions and better bet? I have great credit , the only debt I have is my mortgages, I house hack and pay no rent, live way below my means and I can save a nice chunk a month just keep getting denied. Very frustrating ! Thanks for the advice!

Ryan

Loading replies...