I'm thinking to get HELOC loan and was wondering if you have any suggestions on good lenders.

Hi there,  I am a new mortgage loan originator, currently onboard with Nexa mortgage.

For example, I work with dozens of national private lenders who fund rehab projects, new construction, and 30-year fixed loans for rental properties.

Any tips to get qualified for this type of loan?

Refinance into a conventional loan at 75LTV. 

I am seeking a private loan to facilitate the process.

Purchase price: $350,000 Cash invested: $10,000 Sale price: $450,000 Bought this single family residence in 2021as my primary residence using a 0% down loan to get in.

I did some more calculations and it seems that I would be able to pay the heloc off  with the extra cash flow if I do the 75%ltv loan at 7.5% interest.

Rather than me saving up for a down payment to use with a Hard Money Loan to quickly purchase a property, I spent the last 2 years trying to balance out my debt from the program and debt from daily life.MY advice is DONT DO IT.

Network as well and go to local real estate meet ups.For funding: you can HELOC, find a private lender to lend you 20% down, find a capital partner, or just live below your means for a little while and save till you have the 20% down (can go higher or lower than 20%, but 20% is generally required for fix&flips & BRRRR loans if not going conventional).