Do you have any recommendations on how to find a lender that might provide a HELOC on investment property equity?

@Kevin Raye If you are ready to scale up, refinance or use a HELOC to accelerate growth (use cashout funds for down payments, and LOC funds for construction that you intend to refinance out in 6 months or less).

I have 10k cash and 25k HELOC on home "A" and am researching the best way to get into REI.

Hi, anyone know which credit unions or banks offering Interest only LOCs in Georgia?

I used a HELOC to cover the 20% down payment and effectively used $0 out of pocket funds to do this deal.

Even as I completed the paperwork for the HELOC I recently got, I compulsively podcast, read books and interact on these forums.

If you don't need to refinance, perhaps consider a HELOC.

Here are a couple ideas to get at your specific question: 1) You could get a HELOC on it then use those funds to go get another property. 2) You could do a cash out refinance and use that cash to go repeat the process.

Appreciate any help I can get.I have never purchased a property directly from a seller in foreclosure that was occupied.The NumbersPurchase Price: $100k-$110k “$40k to pay off for the HELOC included in purchase price”Repairs: $25,000ARV: $175k-$185kI am meeting with a family of 5 who inherited their mothers’ home and is now in the beginning stages of foreclosure.

But this will also increase your payment lowering your DTI ratio.Or you can get a HELOC, it can be a bit hard to get a Heloc on rental properties but banks like Penfed do it.