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Updated about 2 years ago on . Most recent reply

Kissu Kirkwood's profile image
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Kissu Kirkwood
  • Investor
  • from Santa Rosa, CA
  • Member since Feb 14, 2017
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Kissu Kirkwood's profile image
Kissu Kirkwood's profile image
Kissu Kirkwood
  • Investor
  • from Santa Rosa, CA
  • Member since Feb 14, 2017
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Kissu Kirkwood
  • Investor
  • Santa Rosa, CA
11
Votes |
8
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Private Lending & Conventional Mortgage Advice

Investment property Equity loan or HELOC?

Kissu Kirkwood
  • Investor
  • Santa Rosa, CA
Posted

Hey people….anyone know where I can get a Home equity loan for rental property in Detroit?? HELOC?? Property owned free and clear. $50k loan amount

Tenant is moving out and I’d like to renovate so that I can get a higher rent rate, looking to get section 8 tenant  4bdrm  $1700  

Any advice or shared resource is welcomed!!! Thanks in advance. 

Detroit, Michigan
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Travis Biziorek's profile image
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Travis Biziorek
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  • from Arroyo Grande, CA
  • Member since Oct 19, 2014
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Travis Biziorek's profile image
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Travis Biziorek
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Travis Biziorek
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  • Arroyo Grande, CA
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Travis Biziorek
  • Investor
  • Arroyo Grande, CA
Replied

Hey Kissu, I own 12-doors in Detroit so I have a pretty strong network there.

Shoot me the details of the house and I'll take a look. I have a lender I work with there that may be able to help.

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