Updated over 7 years ago on . Most recent reply
HELOC on Investment Property
Hello All, I'm looking to get a HELOC on a SFR in Boca Raton, FL just to have the cash available. I've shopped around some so far with no luck. Seems no one local wants to do an equity line on investment prop or at very low LTV. Current LTV on 1st mortgage is ~53%, so I was hoping to find one for 70-75%. Does anyone have any leads or ideas for this?
Excuse me if this has been answered recently, I quickly searched the forum with little luck for exact question.
Lander