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Updated almost 4 years ago on . Most recent reply

Ryan Copeland's profile image
Ryan Copeland's profile image
Ryan Copeland
  • Rental Property Investor
  • from Columbia, SC
  • Member since Jun 3, 2020
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Ryan Copeland's profile image
Ryan Copeland's profile image
Ryan Copeland
  • Rental Property Investor
  • from Columbia, SC
  • Member since Jun 3, 2020
Connect
Ryan Copeland
  • Rental Property Investor
  • Columbia, SC
275
Votes |
244
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Creative Real Estate Financing

HELOC on Rental in Atlanta (Marietta)

Ryan Copeland
  • Rental Property Investor
  • Columbia, SC
Posted

Hello BP,

There is a property I want to buy located near a rental I currently own. I want to obtain a HELOC in my rental to purchase this other property. I have already called the lender that owns the mortgage and Wells Fargo and they both said that they aren't doing HELOCs right now.

Any recommendations on lenders that are doing HELOCs right now?

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    Kevin Romines's profile image
    Kevin Romines's profile image
    Kevin Romines
    • Lender
    • from Winlock, WA
    • Member since Mar 5, 2013
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    Kevin Romines's profile image
    Kevin Romines's profile image
    Kevin Romines
    • Lender
    • from Winlock, WA
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    Kevin Romines
    • Lender
    • Winlock, WA
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    Kevin Romines
    • Lender
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    Pen Fed Credit Union has the best terms on HELOC's for rental property, hand down.

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