HELOC on Investment property
Has anyone recently pulled out a HELOC on an investment property?
Looking for recommendations if anyone has used a national lender and what your ballpark numbers are for the fees that you paid. I've been researching online banks and reaching out to some local banks but I wanted to other people have experienced recently.
Most Popular Reply
I've got a couple of them on investment properties. On one there were no up front fees at all, and on the other I had to pay $350 for an appraisal.
Here's a list of questions you can ask when talking to different lenders: What You Need to Know When Shopping for a HELOC.
