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Updated 15 days ago on . Most recent reply

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Adam Cole
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HELOC Options for 2nd home. Trying to unlock equity!

Adam Cole
Posted

Hello! 

One of my airbnbs in Boyne, Michigan has around 300-400k in equity locked up right now and I am struggling to get a lender to approve a Heloc. The main sticking points are that it's a second home and it has been used as a vacation rental. Has anyone else experienced this or know of a lender that may be able to help assist?

I appreciate any tips and tricks!

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7
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5
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Adam Cole
5
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7
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Adam Cole
Replied
Quote from @Jack Matthias:

Hi Adam,

Have you looked in the All In One Loan (AIO). It works on second homes and investment properties. Let me know if you want to learn more. 


 Hi Jack! I have not heard of that lender but am willing to check anything out at this point!

If you have a direct contact please reach out, I'll check out the site now

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