Heloc on investment property for self employed
Hey all!
Im thinking of tapping into the equity on my first investment property. I’m not going to go over 80% ltv as I know that’s not allowed.
But how easy is it to get a heloc on an investment property?
Is it risky - the property cash flows really well so not worried about paying the loan just don’t know other risks of heloc a if there are any?
I’m newly full time self employed I just went full time as a realtor in February. Would this disqualify me? Thanks