Updated over 1 year ago on . Most recent reply

1st Lien HELOC
Has anyone used a HELOC on a rental property? I have equity in one of my houses but rent won't cover the mortgage if I cash out refinance. Looking for another way to pull out some cash. Also, I thought if I did a 1st lien HELOC then I could pay it off faster.
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Ridge Lending offers a first position HELOC.