Best lenders for HELOC

[Mark W Twarog]

Hello,

I am currently looking for advice on a reputable lender for a HELOC. I believe this is the most advantageous route for me to pull equity out of my home now. (I am open to hearing otherwise as well). I would like to make home improvements both on the inside and outside. I would also like to use some of the equity to pay off some debt I have accumulated. I know that I can withdraw a specific amount of money over a period of time. If there is money still available after these expenses I would like to use it as a down payment on another property to start my REI career.

      I am looking forward to any feedback, thank you. 

-Mark

[GUY MEYITANG]

Quote from @Mark W Twarog:

Hello Andrew,

I am new to BiggerPockets and thought this would be a great location to start. I am asking about a HELOC on my primary home. But I would also like to use that HELOC to purchase an investment property in the near future. I was hoping to find someone that would be able to guide me if this is a possibility.

PenFed is definitely the best