What is the max cash I can take out with a HELOC?

New York, New York

General Real Estate Investing

What is the max cash I can take out with a HELOC?

Member since 2024 · 17 posts · 4 votes

I have a property with over $300k equity and I want to invest the equity in other real estate. I am debating between HELOCs and cash out refi.

I have some experience with HELOCs, but usually for smaller amounts and I am wondering if I can take out more than $100k in cash from the HELOC.

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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
2y
Typically most lenders will cap you at a $500k line of credit limit. But this obviously depends on the lender
[email protected]818-269-7983
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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
2y
Quote from @Erik Estrada:

Typically most lenders will cap you at a $500k line of credit limit. But this obviously depends on the lender

Assuming its a 1-4 Unit
[email protected]818-269-7983
LuxePrivate Investments LLC 572 Reviews
Website View Page
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