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Updated almost 7 years ago on . Most recent reply

Michael Jobe's profile image
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Michael Jobe
  • Investor
  • from Nashville, Tennessee
  • Member since Sep 28, 2017
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Michael Jobe
  • Investor
  • from Nashville, Tennessee
  • Member since Sep 28, 2017
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Michael Jobe
  • Investor
  • Nashville, TN
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General Landlording & Rental Properties

HELOC from Rental property owned under LLC

Michael Jobe
  • Investor
  • Nashville, TN
Posted

My wife and I are fairly new to real estate investing. We purchased our first rental last November. We are interested in purchasing another property, but considering using taking out a HELOC from the investment rental. Anyone have any experience with getting HELOC from an investment property that is under an LLC? We live in Nashville and that is where our investment property is located. Thank you.

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Luka Milicevic
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  • from Nashville, TN
  • Member since Aug 25, 2015
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Luka Milicevic
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  • from Nashville, TN
  • Member since Aug 25, 2015
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Luka Milicevic
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  • Nashville, TN
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Luka Milicevic
  • Real Estate Agent
  • Nashville, TN
Replied

@Michael Jobe

Look into a first position HELOC refinance. it's called a "HELOC all in one"

Reliant bank does them.

  • Luka Milicevic
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