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Updated almost 10 years ago on . Most recent reply

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Ken Chen
  • New Investor
  • Lawrenceville, GA
0
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19
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HELOC as asset?

Ken Chen
  • New Investor
  • Lawrenceville, GA
Posted

Hi everyone, 

If I have unused HELOC on my property (say 50k I can take out), does that counts as my "liquidity asset" for banks?

Thank you.

Most Popular Reply

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1,121
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Al Wilson
  • Investor
  • Daphne, AL
242
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1,121
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Al Wilson
  • Investor
  • Daphne, AL
Replied
Nice try, but the answer is no. Good luck.

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