Updated almost 4 years ago on . Most recent reply
HELOC on an Investment Property
Hello all,
Does anyone know of a Bank or Credit Union that will do a HELOC on an Investment property? The property is located in CA. I already have a HELOC with PEN FED however, was denied to increase the limit because of my DTI was at 50%. My credit is fine and I have really no debt however; my student loans which has been in forbearance and technically not due until 2023 is what is killing my chances.