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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceHELOC used for purchase of SFH rental, now what?
Ryan Ellis's profile image
Ryan Ellis's profile image
Ryan Ellis
Pro Member
  • Investor
  • from North Ridgeville, OH
  • Member since Jun 30, 2017
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Ryan Ellis's profile image
Ryan Ellis's profile image
Ryan Ellis
Pro Member
  • Investor
  • from North Ridgeville, OH
  • Member since Jun 30, 2017
Connect
Ryan Ellis
Pro Member
  • Investor
  • North Ridgeville, OH
26
Votes |
45
Posts
Private Lending & Conventional Mortgage Advice

HELOC used for purchase of SFH rental, now what?

Ryan Ellis
Pro Member
  • Investor
  • North Ridgeville, OH
Posted Dec 17 2017, 11:06
Hello, Looking for any advice/guidance when it comes to Cash out Refinance of my recent SFH rental purchase. I used a HELOC to purchase the property and wasn’t sure if there’s a minimum wait time before applying for a conventional 30 year mortgage. Also, Can I do this in my LLC? Any advice/guidance would be appreciated! Thanks! Ryan
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