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Updated over 3 years ago on . Most recent reply

User Stats

14
Posts
1
Votes
Christin Prince
  • Specialist
  • Hendersonville, NC
1
Votes |
14
Posts

HELOC on Investment Properties - Who does this?

Christin Prince
  • Specialist
  • Hendersonville, NC
Posted

Hello from Rookieland! I have a long term investment property that was originally our primary residence for 6 years, so it has quite a bit of equity. I would like to open a HELOC on it to fund repairs on new yet to be found investment property BRRR, but I am finding that most lenders don't open HELOCs on investment properties and the interweb says I should ask groups like this. Anyone know someone who does? Myself and property are located in North Carolina if that matters. Thanks! Christin

  • Christin Prince
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