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Updated over 1 year ago on . Most recent reply

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HELOC ADVICE- Best Company

Mario Richardson
Posted

Hello BiggerPocket Family.....I need some general financing advice. We are somewhat beginners in real-estate. We have 6 doors of which we purchased utilizing 401K funds and refi cashouts. We have a combination of LTR, MTR and STRs adjusting to cashflow. We are looking to scale via BRRR via MTR considering rates. My current thought is HELOC my primary home with +$200K equity. I have credit score of +800 but was denied by Navy Federal due to menrioning some funds will be used for business purposes. I'm looking for advice on best way to get approved for a HELOC, best HELOC companies and any other recommendations on financing.

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