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Updated over 6 years ago on . Most recent reply

Nik Krohn's profile image
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Nik Krohn
  • Investor
  • from Woodland Hills, UT
  • Member since Apr 29, 2016
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Nik Krohn's profile image
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Nik Krohn
  • Investor
  • from Woodland Hills, UT
  • Member since Apr 29, 2016
Connect
Nik Krohn
  • Investor
  • Woodland Hills, UT
31
Votes |
84
Posts
Utah Real Estate Q&A Discussion Forum

Getting A HELOC On Investment Prop In Utah?

Nik Krohn
  • Investor
  • Woodland Hills, UT
Posted

Hey guys! I am curious to see if there are any creative ways to to get a HELOC on an investment property. I have 4 properties in Saratoga Springs and I went to MACU & UCCU (credit unions) and they said that they do not do a HELOC on investment properties.

Have you had any success with this? Or is it even possible?

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Nik Krohn's profile image
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Nik Krohn
  • Investor
  • from Woodland Hills, UT
  • Member since Apr 29, 2016
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User Stats

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Nik Krohn
  • Investor
  • from Woodland Hills, UT
  • Member since Apr 29, 2016
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Nik Krohn
  • Investor
  • Woodland Hills, UT
31
Votes |
84
Posts
Nik Krohn
  • Investor
  • Woodland Hills, UT
Replied

@Alan Walker They said that they could do it on the investment properties. 80% LTV on them and they could do it on multiple properties. 2 of mine have the MACU 90% program so I wont be able to do it for those properties but I do have one that I paid 20% down that I should be able to get a HELOC on

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