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All Forum Posts by: Bryan Cork

Bryan Cork has started 23 posts and replied 116 times.

Post: HELOC on investment property in CA?

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
I just got approved for 4.5% up to 80% ltv on a rental I own in Colorado, it was through PenFed credit union.

Post: HELOCs for Investment Property

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Mike B. It’s %80 ltv I believe. Good luck 👍🏼

Post: Newbie - San Diego, CA

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Welcome!

Post: Aspiring Investors in St. Louis, MO

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Welcome!

Post: Newbie flipper from New Jersey :-)

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Welcome to BP!

Post: Hello to BP from Marlborough, MA

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Welcome to BP jeff!

Post: Just a quick introduction

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Welcome to BP!

Post: HELOCs for Investment Property

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Lana Lee Yes but the requirements for membership are pretty silly. I just had to have previously given blood to the Red Cross 😁. And open an account with a $5 minimum balance......

Post: HELOCs for Investment Property

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
Brendan Canning I can second the suggestion for PenFed credit union, I just got approved for a HELOC on a SFR that I own.

Post: HELOC against a rental property?

Bryan CorkPosted
  • Colorado Springs, CO
  • Posts 117
  • Votes 45
James Woodrich I’m fairly new so take my opinion as just that, but my opinion is that I won’t know how much I will need project to project, and I won’t know for how long the funds will be deployed and paying interest on it. So taking out a lump sum and paying continual interest on all of it didn’t seem to make sense to me.