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Updated about 3 years ago, 10/27/2021
Applying for Heloc Immediately After Closing on Investment Prop
I have been under contract a little over a year on an investment property that will be used as a vacation rental. The market I am buying in has appreciated significantly and I should have somewhere around $250k in equity I’d like to tap into with a Heloc. Has anyone obtained a heloc on a non owner occupied property immediately after closing on it?