Riverside, CA · Member since 2018 · 7 posts · 0 votes
I have 3 single family residential homes as investment properties/rentals in California. I am looking for the highest LTV that I can get a HELOC on them, individually. The highest that I have found is 80%. I have a 95% LTV HELOC against my personal residence... is this a value that anyone offers for investment properties?
Does anyone know if I can obtain a single HELOC against multiple properties instead of individually?
Financial Advisor · Des Moines, IA · Member since 2017 · 173 posts · 58 votes
8y
Maybe a local bank would do something like this. I only work with non-bank lenders and none would do an LOC. Other option would be to do a blanket cash out refi with all three. Or do individual cash out refi on each.