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Updated about 2 years ago on . Most recent reply

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Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
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HELOC on Investment property

Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
Posted

Has anyone recently pulled out a HELOC on an investment property?

Looking for recommendations if anyone has used a national lender and what your ballpark numbers are for the fees that you paid. I've been researching online banks and reaching out to some local banks but I wanted to other people have experienced recently. 

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Kyle J.
  • Rental Property Investor
  • Northern, CA
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Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

I've got a couple of them on investment properties.  On one there were no up front fees at all, and on the other I had to pay $350 for an appraisal. 

Here's a list of questions you can ask when talking to different lenders: What You Need to Know When Shopping for a HELOC.

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