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Updated almost 2 years ago on . Most recent reply

New to BP, HELOC INVESTMENT.
Hi,I'm trying to get a HELOC on investment property and used to house hacking, construction .the bank that I have my properties doesn't have it anymore where is a good place to get that type of loan?
thank you
Most Popular Reply

Quote from @Rene Ochoa:
Quote from @Rick Albert:
A lot of banks right now are holding off on HELOCs on investment properties or if they are, they terms aren't great.
Since it is house hacking, have you looked into the FHA 203(k) loan? There are other construction loans for primary residences that will probably work.
Hi @Rick Albert thank you I will look into FHA 203(K) loan.