Can you get HELOC on rental property or is it only on Personal homes?

My current mortgage guy says I can't buy a rental house under an LLC. Has to be my name. Do I just need to find a different bank that will allow it? Or do no banks allow it?
I could also do the Quit Claim Deed after...

Hey everyone, my question is in regards to setting up bank accounts for properties. I am a new investor who is hoping to jump into my first multi family purchase this year, the question that I have is when buying prop...

Made an offer today on an MLS-listed REO. The listing agent told me that it was a reverse mortgage. Can someone explain this to me? I think I know what a reverse mortgage is - where an older person (or persons) ...

I have a contract from a motivated seller that was 4 mos. behind. It was a purchase contract with it contingent to me finding a buyer. I was trying to find someone to rent to own this house, Here is the scenerio.
Pu...

Hi? I was wondering, when shopping for lenders what do I look out for? What good lenders you would you recommend for a first time home buyer?

Does any bank here do this? I’ve sat down with half a dozen+ smaller banks in Louisville and not one has indicated that they could do a 30 year am in any capacity if the property was anything other than a single famil...

Hello Everyone,For my next deal that is closing soon, the bank did not offer me what I was promised or looking for but a private lender offered me exactly what I am looking for but I never dealt with private investors...

When times were good many newbie investors would buy property from banks promising that the property would be "owner-occupied" meaning the bank would give the new owner a better interest rate since it assumed that per...

Hi BP Community!I need your help! As of yesterday, I'm the winning bidder on a property on Auction.com. I drove by the property yesterday before bidding on it and it's still occupied. Looking at the register of deeds,...