Updated over 6 years ago on . Most recent reply
HELOC vs Refinance-Out of State Rental in Hunstville, AL
Looking for recommendations... I own a rental property in Huntsville (SFR) outright and would like to leverage this investment with refinance or HELOC and use this money for the next SFR purchase in Hunstville area. I'm only looking to get $30k which is less than 50% LTV. I live out of state and my local bank will not loan on out of state non owner occupied. Any recomendations would be appreciated.