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Updated almost 10 years ago on . Most recent reply

User Stats

81
Posts
210
Votes
Calvin Lin
  • Investor
  • Raleigh, NC
210
Votes |
81
Posts

Just purchased 4 condos in the Raleigh, NC area, HELOC?

Calvin Lin
  • Investor
  • Raleigh, NC
Posted

HI all,

I just purchased 4 condos in the Raleigh, NC area using cash.  Now I am thinking of taking out equity line of credit against each of the condo's.  I tried TD Bank and the closing cost is really high, from $3,000 to $12,000 is what they said.  PenFed CU said they do not do first lien, which these are.  Does anyone have any other leads that can help?

Thank you in advance.

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