Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

4
Posts
1
Votes
Benjamin Dilg
Pro Member
  • Accountant
  • Fairfax, VA
1
Votes |
4
Posts

Obtaining a HeLoc on a CT rental

Benjamin Dilg
Pro Member
  • Accountant
  • Fairfax, VA
Posted

Hey BiggerPockets family,

I have a rental property in CT and am looking for a lender to take a HeLoc out on the property. I've called over 40 lenders in the area and still cant seem to find one which will even consider a HeLoc on a rental. They all state that they only give HeLocs on a primary residence. 

Does anyone have experience getting a HeLoc on a rental in CT? Or has anyone figured out a way to demonstrate your rental as your primary residence through some sort of loophole?(I'd imagine this to be risky and time consuming)

FYI: I am out of state but do have properties I can potentially list as a primary residence in CT other than my rental. 


Any information helps and I appreciate your time and consideration!


Cheers!

-Ben

  • Benjamin Dilg
  • Loading replies...