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Updated about 8 years ago,
Difficulty obtaining Heloc on 4-plex in TX
We bought a 4-plex in TX two years ago. We occupy one of the units and rent out the other three. Having difficulty finding a lender to do a Heloc. We attempted to go with Wells who said they could do it and turned around saying it was n/o/o and wouldn't do more than 70% CLTV. Looking to do 80%. Does anyone know of a lender who will loan on 4-plexes in Texas??? Help is greatly appreciated