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All Forum Posts by: Tony Scal

Tony Scal has started 2 posts and replied 7 times.

Post: HELOC on MULTIPLE PROPERTIES

Tony ScalPosted
  • Posts 7
  • Votes 1
Quote from @Jonathan Bock:

@Tony Scal

You could try for a blanket open ended line of credit with a portfolio lender would be easier if you are working with someone you have a relationship with and much easier if they held first position.  

Can you recommend me anyone?

Post: HELOC on MULTIPLE PROPERTIES

Tony ScalPosted
  • Posts 7
  • Votes 1
Quote from @Jonathan Bock:

@Tony Scal

You could try for a blanket open ended line of credit with a portfolio lender would be easier if you are working with someone you have a relationship with and much easier if they held first position.  


do you have anyone you can recommend?

Post: HELOC on MULTIPLE PROPERTIES

Tony ScalPosted
  • Posts 7
  • Votes 1
Quote from @Simmy Ahluwalia:

@Tony Scal - would you have an interest in a HELOAN?  There is no pre-pay penalty; however, a monthly payment would be due.  

Yes

Post: HELOC on MULTIPLE PROPERTIES

Tony ScalPosted
  • Posts 7
  • Votes 1

Do you guys have anyone you can recommend?

Post: HELOC on MULTIPLE PROPERTIES

Tony ScalPosted
  • Posts 7
  • Votes 1

I own 5 properties with a combined equity of approximately 1.5 million. Is there any option to pull this equity out from all of them together under one heloc?

Does DSCR loans offer mortgage Forbearance?