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Updated over 6 years ago on . Most recent reply
HELOC on one of my rental properties in Las Vegas,NV
I would like to get a HELOC on one of my rental properties in Las Vegas, NV. is it doable? adn what are the tips that you can share. I still owe $125K and the value is at $195K. thanks!
Most Popular Reply
Nathan Gesner
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- Cody, WY
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The HELOC is for your personal residence but banks can do a line of credit against investment property. I am currently applying for a HELOC on my home that will be good for 10 years. The same bank offered a line of credit against one of my investment properties but it would only be good for 3 years and I believe the rates were higher.
- Nathan Gesner
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