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Updated about 1 year ago on . Most recent reply

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Joshua Manier
  • Lender
  • Colorado Springs, CO
5
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11
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HELOC for 2 unit investment property in Chicago, IL

Joshua Manier
  • Lender
  • Colorado Springs, CO
Posted

Hello Everyone,

Does anyone know of a lender who can provide a 1st lien HELOC on a 2 unit rental property? Great rental income, strong FICO, low LTV (60% or below), strong liquidity and PFS. Thanks in advance.

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176
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70
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Jack Matthias
  • Lender
  • Chicago
70
Votes |
176
Posts
Jack Matthias
  • Lender
  • Chicago
Replied

Hi Josh,

Curious why the Heloc as this can be done with better terms going the conventional route.

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