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All Forum Posts by: Ben Miles

Ben Miles has started 1 posts and replied 12 times.

Multi-Family and Apartment Investing

Post: HELOC against rental property

Ben MilesPosted
  • Investor
  • Beaverton, OR
  • Posts 12
  • Votes 4
Wells Fargo holds my first mortgage on a rental and will do a HELOC on a rental property to 60% LTV. Rates and fees seem reasonable. I didn't have any luck with local banks or credit unions. Good luck! I
0 Votes
Buying & Selling Real Estate

Post: Can lender force me into foreclosure if I can't repay at maturity

Ben MilesPosted
  • Investor
  • Beaverton, OR
  • Posts 12
  • Votes 4
I don't see where anyone weighed in on a HELOC on a rental. For what it's worth, I have a first on a rental with Wells Fargo and they are willing to provide a HELOC on that rental up to 60% value. Good luck.
0 Votes