Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

38
Posts
71
Votes
Andrew Smith
71
Votes |
38
Posts

Where are you able to get a HELOC on an investment property?

Andrew Smith
Posted

I'm looking to get a HELOC on an investment property that I own outright. However all the banks and credit unions I've spoken with only do a HELOC on a primary residence. Where are you guys able to get a HELOC for investment properties?

Most Popular Reply

User Stats

1,829
Posts
1,242
Votes
Brian G.
  • Rental Property Investor
  • Los Angeles, CA
1,242
Votes |
1,829
Posts
Brian G.
  • Rental Property Investor
  • Los Angeles, CA
Replied

@Andrew Smith Pen Fed as long as you have 3 properties or less including a primary you can get a Heloc on a rental at 80% LTV, 12 year draw at prime + 1%.

Loading replies...