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Alex Silang's profile image
Alex Silang's profile image
Alex Silang
  • Real Estate Professional
  • from Las Vegas, NV
  • Member since Oct 28, 2013

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225
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74
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Alex Silang's profile image
Alex Silang's profile image
Alex Silang
  • Real Estate Professional
  • from Las Vegas, NV
  • Member since Oct 28, 2013
Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
74
Votes |
225
Posts
Private Lending & Conventional Mortgage Advice

I have low income, would a qualify for a HELOC?

Alex Silang
  • Real Estate Professional
  • Las Vegas, NV
Posted

I have marginal income (W2 of $30k plus rental income). I have no debt. I was thinking of doing a HELOC instead of a REFI because from my understanding it should be easier. They'll look at my current debts to pass a DTI, but will I have to "qualify" for the amount I'm looking to borrow?

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