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Updated over 3 years ago on . Most recent reply

Reagen Natho's profile image
Reagen Natho's profile image
Reagen Natho
  • Real Estate Agent
  • from Texas Tennessee
  • Member since Feb 21, 2019
  • Posts 93
  • Votes 83
  • Experience 3 Yrs
  • Investments 2
Connect

User Stats

93
Posts
83
Votes
Reagen Natho's profile image
Reagen Natho's profile image
Reagen Natho
  • Real Estate Agent
  • from Texas Tennessee
  • Member since Feb 21, 2019
  • Posts 93
  • Votes 83
  • Experience 3 Yrs
  • Investments 2
Connect
Reagen Natho
  • Real Estate Agent
  • Texas Tennessee
83
Votes |
93
Posts
Creative Real Estate Financing

Applying for Heloc Immediately After Closing on Investment Prop

Reagen Natho
  • Real Estate Agent
  • Texas Tennessee
Posted

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?

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