Updated almost 4 years ago on . Most recent reply
Using A HELOC To BRRRR
I'm going to use a HELOC to BRRRR due to not meeting the minimum loan requirements for hard money. My question is will a lender say my DTI is too high to refinance or can I let them know the refinance is to take care of the HELOC? Also, would there be a way for me to lien the property so the refinance goes straight to pay off the HELOC? Thanks for your input.