Creative Financing Ideas for new Buy, Renovate, Hold

[Ben Capone]

I have 2 condos in the san diego area that each have about 150-200k equity. One is rented long term and cash flow positive. The other will also be cash flow positive based off what current trends are showing in the area. I am locked in with very low rates on both and do not want to cash out refi as that will wipe out my cash flow.

I have my eyes set on another property that I would like to make a move on. I am hoping you all can lend some suggestions, contacts, experiences on some other types of creative funding that have worked for you or worth looking into. HELOCs, portfolio loans, etc??

Any and all help is greatly appreciated!

[Nathan Grabau]

If one is currently your primary you can get a .99 plus prime heloc from Quorum Credit Union on up to a 90%LTV. They can do HELOC's on investment properties but they are not as lucrative.