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The Investor’s Guide to a Single-Family Rental Emergency Fund
As real estate investors, your emergency funds are a critical line of defense against unexpected costs. It prevents you from dipping into your budget to handle them. But what should you really use an emergency fund […]
Don’t Overlook This When Buying an Investment Property—Learn From My Mistake
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Creative Real Estate Financing
HomeForumsCreative Real Estate FinancingCan a HELOC be recalled due to economic downturns
Pete B.'s profile image
Pete B.'s profile image
Pete B.
  • Investor
  • from Port Orange, Florida
  • Member since Jun 14, 2015
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Pete B.'s profile image
Pete B.'s profile image
Pete B.
  • Investor
  • from Port Orange, Florida
  • Member since Jun 14, 2015
Connect
Pete B.
  • Investor
  • Port Orange, FL
1
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28
Posts
Creative Real Estate Financing

Can a HELOC be recalled due to economic downturns

Pete B.
  • Investor
  • Port Orange, FL
Posted Oct 25 2016, 14:46
Say you already had one or two helocs on a rental and or your Personal residences. If there was a crash, or recession, would a bank freeze your existing lines of credit due to economic woes? Would you still be able to use your lines if they were already established pre-crash?
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