Updated over 5 years ago on . Most recent reply
Heloc or type of loan and lenders
Own a property free and clear 5 miles from downtown Nashville have done some major renovations so far still some to go but I lack 30k from getting it finished. I wanted to keep as rental property but I bought it in.my LLC name so can you get a heloc if a property is a investment property and not your primary and what kind of finance or lender type situation would be easiest for me to get my ball back rolling my credit is 740 house arv is 300k and is free and clear but still in as is state for now probably value at 225-250k only lack 30k to finish rehab but cant seem to be able to cash out refi places keep telling me it has to be finished product which I'm lacking 30k from being able to go forward crossing the finish line..what should I do? I need help