HELOC Lender in Texas

[Jesse Weaver]

I have a first mortgage on my house and I'm looking to pull money out with a second mortgage through a HELOC to buy property. Does anyone know of a good lender that provides HELOC's without a principle pay down requirement prior to the loan maturity?

[Kerry Baird]

I have two Texas investment properties. This thread is a concern of mine. I thought a HELOC would be the solution, because there is no cash-out option (if I understand correctly) once you have more than four mortgages. Growing from *here* to ten or twenty houses is not clear.