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Updated about 1 year ago on . Most recent reply

User Stats

19
Posts
8
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Kenneth Bentley
  • Rental Property Investor
  • Weaver, AL
8
Votes |
19
Posts

1st Lien HELOC

Kenneth Bentley
  • Rental Property Investor
  • Weaver, AL
Posted

Has anyone used a HELOC on a rental property? I have equity in one of my houses but rent won't cover the mortgage if I cash out refinance. Looking for another way to pull out some cash. Also, I thought if I did a 1st lien HELOC then I could pay it off faster.

  • Kenneth Bentley
  • Most Popular Reply

    User Stats

    3,790
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    Kerry Baird
    • Rental Property Investor
    • Melbourne, FL
    2,615
    Votes |
    3,790
    Posts
    Kerry Baird
    • Rental Property Investor
    • Melbourne, FL
    Replied

    Ridge Lending offers a first position HELOC.

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