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Updated over 6 years ago on . Most recent reply

User Stats

60
Posts
18
Votes
Jean-Thierry Aleman
  • Investor
  • Orlando, FL
18
Votes |
60
Posts

Equity Line of Credit

Jean-Thierry Aleman
  • Investor
  • Orlando, FL
Posted

Hey Gang,

I've been in the game for just a few years and been able to acquire 4 properties with 5 doors.  It's been a blast but I did this mostly by muscling through the learning curve (of which I know I still have far to go) and using my savings from my W2 job.   I have reserve for my properties but not a lot extra for portfolio growth.  

So here is the question..... Does anybody know of banks willing to give equity line of credit so I can BRRR my way to success? I am in the Orlando Fl. region.

I have learned alot with what I have done so far (homes that were almost turnkey) but am ready to take on the challenge of moving into the next level.

Thanks in advance.

  • Jean-Thierry Aleman
  • Most Popular Reply

    User Stats

    3,761
    Posts
    2,597
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    Kerry Baird
    • Rental Property Investor
    • Melbourne, FL
    2,597
    Votes |
    3,761
    Posts
    Kerry Baird
    • Rental Property Investor
    • Melbourne, FL
    Replied

    I also invest in Florida, and have spoken to pretty much every lender in my local area.  I have found that TD Bank, Trustco Bank and PenFed will do HELOCs on investment properties.  

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