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Updated almost 2 years ago on . Most recent reply

User Stats

28
Posts
6
Votes
Chris Kimsey
  • Rental Property Investor
  • Brenham, TX
6
Votes |
28
Posts

HELOC on investment property

Chris Kimsey
  • Rental Property Investor
  • Brenham, TX
Posted

Has any one had any experience with doing HELOCS on rental properties? How hard is it to find lenders for it? Is the process more stringent?

I am an investor here in Texas. Rental property is currently leased out. The appraised value is 185k and current loan is 127k

Would like to hear your experiences.

Thanks.

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