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Updated over 7 years ago on . Most recent reply

User Stats

100
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19
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Dori Arazi
  • Los Angeles , CA
19
Votes |
100
Posts

HELOC on a rental property

Dori Arazi
  • Los Angeles , CA
Posted
Are there lenders out there that would provide a HELOC against a rental property?

Most Popular Reply

User Stats

168
Posts
188
Votes
Jonathan Holmes
  • Investor
  • Warren, OH
188
Votes |
168
Posts
Jonathan Holmes
  • Investor
  • Warren, OH
Replied

You should be able to find one willing to. I’d expect a higher interest rate. They also won’t go as high a percentage of equity. I think owner occupied 90 or even 95% isn’t unheard of but I’d bet 70 to 75% would be the max in an investment property.

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