Investor · Hollywood, FL · Member since 2016 · 14 posts · 4 votes
Hi! BP people,
I was unable to find an answer for the following question. I own a Townhouse (no mortgage), which is being rented. I was wondering if I can do a HELOC ? I understand that banks don't like HELOC when is not your primary residence, but mine is already paid off. Advice will be appreciated. Thank you! Javier
Ok. I have a duplex with 100% equity. Should I try for a LOC or a cash out finance? Is there an advantage to one or the other? Where would I look for this loans? Thanks Cheri