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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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Starting Out
HomeForumsStarting OutIf you have 2 houses, cam you do a HELOC
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Rental Property Investor
  • from Yuma, AZ
  • Member since Jun 14, 2019
Connect
Account Closed
  • Rental Property Investor
  • Yuma, AZ
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Starting Out

If you have 2 houses, cam you do a HELOC

Account Closed
  • Rental Property Investor
  • Yuma, AZ
Posted Aug 31 2019, 16:29

Lets say you have 2 houses. 1 house has 8k in back payments. The other isnt behind on payments and it has 50k in equity. So my question is.. Can you do a home equity line of credit on the property with 50k equity to pay off the back payments of the house ?

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