Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
More HELOC questions
So I am taking a HELOC out on my primary residence to use as a downpayment on a 4 unit apartment house. The Loan for the house will be at a different bank than the one im taking a HELOC out from. After say a year or two and increase the rents, would I be able to go to a bank and refinance the value of the apartment house and pay off the HELOC thus freeing it up for use again?