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Updated over 7 years ago on .

Need help with HELOC
Hello BP, I need some help with structuring a HELOC. It's non owner occupied and owned free and clear. Market value is around 650k. The investor wants only 200k HELOC at 12% with 1 pt upfront. I just want to know what the going rates are for private funding on HELOCS's. Any help on this would be great thanks