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Updated almost 6 years ago,
HELOC on Investment Condo
Hello BP,
I am looking for a a lender in Florida that will do a Home Equity Line of Credit on an investment property. I have quite a bit of equity in a condo. I would like to use a HELOC instead of a refinance and prefer a smaller bank or credit union. My challenge so far has been the ratio of owner occupied units.
Any advice as always is greatly appreciated