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Updated over 2 years ago, 08/15/2022

Michael J salemy's profile image
Michael J salemy's profile image
Michael J salemy
  • from Tampa, Florida
  • Member since Jun 11, 2017
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Michael J salemy's profile image
Michael J salemy's profile image
Michael J salemy
  • from Tampa, Florida
  • Member since Jun 11, 2017
Connect
Michael J salemy
  • Tampa, FL
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Private Lending & Conventional Mortgage Advice

HELOC on Rental Property

Michael J salemy
  • Tampa, FL
Posted

I have two rental properties and a primary residence. My two rental properties my wife and I have on 15 year fixed mortgages and are about two years into it. They are in the Tampa market. They have a significant amount of equity in them.

My primary I moved into at the end of February of 2021.

Does anyone have any experience with getting a HELOC on their rental property?

I am looking for input and the good, bad and ugly. 

Thanks,

Justin
 

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