Updated almost 6 years ago on . Most recent reply
HELOC on investment property in Boston
Anyone know of any places offering HELOC for investment properties (3 family)? Every place I checked out only offers it for owner occupied. I would rather go with a local bank or credit union. I find the terms are better.
Most Popular Reply
If it's an investment property its considered a Line of Credit as opposed to HELOC. I can connect you to a broker that can help you with this strategy if you're interested in it. They will help you compare the best rates throughout the region and get you into the most competitive product.
- Lien Vuong
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