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Updated about 3 years ago,

Myka Artis's profile image
Myka Artis's profile image
Myka Artis
Property Manager
  • Rental Property Investor
  • from Arlington, TX
  • Member since Jun 27, 2016
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User Stats

561
Posts
469
Votes
Myka Artis's profile image
Myka Artis's profile image
Myka Artis
Property Manager
  • Rental Property Investor
  • from Arlington, TX
  • Member since Jun 27, 2016
Connect
Myka Artis
  • Rental Property Investor
  • Arlington, TX
469
Votes |
561
Posts
Rehabbing & House Flipping

Using A HELOC To BRRRR

Myka Artis
  • Rental Property Investor
  • Arlington, TX
Posted

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.

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