Updated almost 7 years ago on . Most recent reply
Help with HELOC qualifications.
For those of you who have done a HELOC on your rental what was required? Is it similar to your traditional loan where it's based off you your DTI, credit,W2 job or is it based off of the property's LTV? Currently my partner that I purchased the property with doesn't have a W2 income. I'm worried we wont qualify if its based off of income and not the property.