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Updated about 5 years ago on . Most recent reply

Tony Lake's profile image
Tony Lake's profile image
Tony Lake
  • Property Manager
  • from Bowling Green, Ohio
  • Member since Feb 28, 2016
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Tony Lake's profile image
Tony Lake's profile image
Tony Lake
  • Property Manager
  • from Bowling Green, Ohio
  • Member since Feb 28, 2016
Connect
Tony Lake
  • Property Manager
  • Bowling Green, OH
0
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3
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Rehabbing & House Flipping

HELOC Question on an Undervalued Property

Tony Lake
  • Property Manager
  • Bowling Green, OH
Posted

If I am purchasing an undervalued property, can I get an immediate HELOC after sale to finish some needed updates?

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Jaysen Medhurst's profile image
Jaysen Medhurst's profile image
Jaysen Medhurst
  • Rental Property Investor
  • from Greenwich, CT
  • Member since Aug 18, 2015
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Jaysen Medhurst's profile image
Jaysen Medhurst's profile image
Jaysen Medhurst
  • Rental Property Investor
  • from Greenwich, CT
  • Member since Aug 18, 2015
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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
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Jaysen Medhurst
  • Rental Property Investor
  • Greenwich, CT
Replied

How much equity will you have in the property, @Tony Lake? Have you talked with any lenders about this yet? What was their reaction?

  • Jaysen Medhurst
    • 1 Vote
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