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Updated over 8 years ago,
Private HELOC is there such an animal?
I have a lot or untapped equity in my primary residence that I would like to use for REI (flips or fix and holds). I have approached a couple of banks and although I have equity (>$200K) and significant other assets in SDIRA and cash, I currently have no income as I transition to full-time REI. Banks don't like this.
Any suggestions as to how I can tap equity?