You should have no problem getting a HELOC with no bad debt.

I tried getting heloc from my large bank, However I was denied due to my income. if you can't get the credit lines for some reason from your bank then they have resources for that, even their own cpa you can use for a fee.

.: Hello,I have several SFRs that have lots of equity in them and I wondering if anyone used a method of cross-collateralization to pledge the equity as collateral, thus avoiding doing a cash-out refinance or HELOC.

Make sure if you use your HELOC that the new property can pay back the HELOC as well as its own mortgage.

To scale, I plan to build a reliable local team, leverage 25% down payments, and use strategies like HELOCs or cash-out refinancing for future acquisitions.Good luck!

Here's the drama part, while married her husband somehow went behind her back and pulled out a large HELOC.

HELOC is not what it used to be because HELOC rates are so high right now.

My dilemma is that one of my properties is worth about $400K and I owe ($40k on a HELOC & $50K on the mortgage) and I'm on tract to pay them both off in 16 months- paying ($2000 from the renter and me paying $4000 a month on the HELOC= $6000 per month total) I plan on doing this until both loans are paid.

I was able to do a HELOC on my primary and tap into some of my Roth IRA $ (tax free) to come up with the 130k since all I had to my name was 25k in savings.

Has anyone had recent success finding a bank that will offer a Heloc on a single family investment property in Jacksonville, Fl?