HELOC on a rental

[Mathew Gunkel]

Hey All,

I'm trying to make a move, and I'd love some great info if anyone can help.

What is the highest LTV you ladies and gents have seen that a lender is willing to extend on a non-primary residence rental property HELOC?

Has anyone ever gotten > 80% LTV? If so, would you let me know who the lender was.

Thanks so much for any help!!

-Mat

[Brent Coombs]

@Mathew Gunkel, even if you could get 80%+, I shudder to think what the interest rate would be!

Secondly, DON'T apply for such over-leverage! You would be asking for trouble down the line...