Aven HELOC card/general HELOCs

[Jason Redeker]

Does anyone have any experience with the Aven HELOC card? Is the company legit? How are the rates currently? I'm interested with the supposed ease and quickness they claim to open and use said card. Looking to tap into my equity to get into rental properties. Thanks in advance.

[Amit Chawla]

@Jason Redeker I have an account with Aven that I am using currently. Tried to go the traditional HELOC route and after almost 2 months of providing paperwork the lending scenario changed (due to rising rates) and they backed out. Contacted Aven as my deal was about to fall apart and got approved in about 1 day. Used the HELOC from Aven to fund my down payment on a BRRRR project I am working on. So far, it has been very easy to use. Their rates might be slightly higher than others but it was worth it considering I did not have another option.