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16
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5
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Josie Kelley
  • Rental Property Investor
  • Atlanta, GA
5
Votes |
16
Posts

HELOC/LOC and Conventional Loan???

Josie Kelley
  • Rental Property Investor
  • Atlanta, GA
Posted

Hello all! I'm hoping to gain a bit of insight into my current situation. I plan on using a conventional loan to house hack later this year but I need funds to make my current home rental ready. I was thinking about a HELOC or Personal LOC to fund those repairs. If I apply for something like that will it hurt my DTI when I go to apply for the conventional loan? I'm open to other suggestions as well. :) TIA!

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