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Updated over 5 years ago on . Most recent reply

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General Landlording & Rental Properties

Borrow against my investment property

Frank Tarantino
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I have been running into dead ends when looking to take equity out of my 1st investment property I own outright(no mortgage)it's 6 units an mostly all banks will only refinance 4 units???HELOC are starting at way too high a rate

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John Underwood
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  • Greer, SC
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John Underwood
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  • Greer, SC
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I believe you will need a commercial loan for multifamily over 4 units. Try finding a commercial lender.

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