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Updated almost 9 years ago on . Most recent reply

Joe R.'s profile image
Joe R.'s profile image
Joe R.
  • Investor
  • from Cream Ridge, New Jersey
  • Member since Jul 17, 2016

User Stats

30
Posts
2
Votes
Joe R.'s profile image
Joe R.'s profile image
Joe R.
  • Investor
  • from Cream Ridge, New Jersey
  • Member since Jul 17, 2016
Joe R.
  • Investor
  • Cream Ridge, NJ
2
Votes |
30
Posts
Buying & Selling Real Estate

Possible to get a 2nd HELOC?

Joe R.
  • Investor
  • Cream Ridge, NJ
Posted

I currently have a HELOC on an investment property I own.

I recently purchased another investment property.

Will banks/lenders allow me to take another HELOC on the new property?

If yes, can I expect a higher rate than the 1st HELOC or any other issues?

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