Looking for HELOC on SFR Rental owned less than 6 months

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Looking for HELOC on SFR Rental owned less than 6 months

Real Estate Investor · Pittsburgh, PA · Member since 2013 · 21 posts · 8 votes

Hi, have a SFR investment property near Pittsburgh that I've owned less than 6 months. Looking for a lender that will do a HELOC, preferably based on appraised value. Key is less than 6 months seasoning. Any lenders that will do that? Ideas appreciated.

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  • Bridgeville, PA · Member since 2013 · 395 posts · 105 votes
    11y

    Your best bet is to talk with the small banks, you can call @Account Closed with Mars Bank 412-651-5953 if it is a residential loan or Brad Boyle with First Commonwealth 412-260-3538 if it is a commercial loan needed.

    I do a bunch of business with both of them.

    Hope this helps you.

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