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Updated almost 2 years ago on . Most recent reply

User Stats

12
Posts
13
Votes
Timothy Taylor
  • Real Estate Investor
  • Chicago, IL
13
Votes |
12
Posts

HELOC for investment properties 2 to 4 units

Timothy Taylor
  • Real Estate Investor
  • Chicago, IL
Posted

I have 3 properties low leverage and looking at exploring getting HELOC's on them. These are all investment properties that are between two and for units in Chicago (northwest side). Value of properties range from $550k to $1.3M.

Any lenders lending on HELOC on investment properties? Would love to connect or an intro would be greatly appreciated.

Thank you,

Tim


  • Timothy Taylor
  • Most Popular Reply

    User Stats

    35
    Posts
    9
    Votes
    Susan Chagalian
    • Lender
    • Los Angeles, CA
    9
    Votes |
    35
    Posts
    Susan Chagalian
    • Lender
    • Los Angeles, CA
    Replied

    We offer both HELOCs and HELOANs (closed end loans) on investment properties 1-4 units and possibly other types with exception. Can you please give me the figures on the current mortgage balances and I will prepare a comparison quote for you. Please note that our company, Barrett Financial Group, LLC, is licensed nationwide but I am licensed in CA. However, I can also help investors in several other states for investment proeprties only.

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