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Updated almost 3 years ago on . Most recent reply

User Stats

19
Posts
12
Votes
Evan Bambrick
  • Investor
  • Chattanooga, Tn
12
Votes |
19
Posts

HELOC on a rental? Does this exist?

Evan Bambrick
  • Investor
  • Chattanooga, Tn
Posted

I've got several rentals that have around 40-50% equity in them. I'd love to pull some of that equity out without changing the existing loans I have on them since I got some great interest rates.

Does anyone know of a program that allows HELOC's on investment properties? (The existing loans I have are conventional, and the properties are held in my personal name if that helps).

Thanks in advance!!

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