Updated about 9 years ago on . Most recent reply

Portfolio HELOC?
Does anyone have experience obtaining Home Equity loans accross a portfolio of rental properties? Do lenders do this? Let me be clear, I am not asking information on a lender becuase they will delete me. I am justing generically what type of lenders do this this and how does it work...do they place liens against all properties involved?
Thanks
Most Popular Reply

Chris Licavoli I don't have personal expeirence but do know a local SFR investor who does have a busines LOC just like Paul Cordero suggested. I would think you could get a LOC based on the properties that are free and clear from a local bank. I also would not lose those loans you have at a great rate.