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Updated over 2 years ago on . Most recent reply

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Qui Van
  • Member since Oct 3, 2022
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Qui Van
  • Member since Oct 3, 2022
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Qui Van
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7
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General Landlording & Rental Properties

Taking a heloc/ line of credit for second property

Qui Van
Posted

Hi all,

I spoke with a mortgage broker recently and wanted to take a heloc or line of credit on my current home. She said I couldn't because my income is not high enough. How can I go about this other than make more money? I want to take that money for a deposit on a second property. Thanks

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