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Private Lending & Conventional Mortgage Advice

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Dennis Nikolaev
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HELOC in San Diego, California 4.86%

Dennis Nikolaev
Posted Nov 21 2019, 01:37

Thanks for opening my post.

I am getting ready to pull equity on my 6 rental condos in San Diego. About 1.2 million of equity total. Then BRRR

I made a list of 37 institutions, local and national, ever mentioned here to offer HELOCs on investment. 

Well 70% of them dont offer it.. I'm half way through my list.

So far Bank of the West offers a deal of 5.85% but if you jump a few hoops, it comes down to 4.85. That is the best deal so far.

If you know any lender that offers better rates for San Diego, please, share.

Dennis 

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