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17
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3
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John Haveman
  • Investor
  • Cape Town, South Africa
3
Votes |
17
Posts

HELOC lender to LLC with foreign shareholder

John Haveman
  • Investor
  • Cape Town, South Africa
Posted
Hi there!

I'm looking for recommendations for a HELOC lender to an LLC with a foreign shareholder.

Property - Atlanta, GA
Property valuation - $240,000 (Zillow $279,000 unlikely)
Current mortgage loan - $120,000
LTV required - 75%

Purpose - to supplement deposit for new property

Loan serviceability - not a problem (salary income)

Don't want to do a cash out refi, as the rate on the current loan is very low.

Any suggestions welcome!

Thanks

John Haveman

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