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Updated over 3 years ago on . Most recent reply

User Stats

35
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13
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Phillip Scalise
  • Natrona Heights, PA
13
Votes |
35
Posts

Can I take a HELOC on a SFH Rental property?

Phillip Scalise
  • Natrona Heights, PA
Posted

I have approximately 50% equity in a $315k property and would like to borrow money against it with a HELOC. Haven't done it before but does anyone know a bank that will do that or if it's possible? (Not sure if HELOCs are just on your primary residence or if they can be on a rental) Thank you.

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