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Tarso Teixeira
  • Rental Property Investor
  • Fort Lauderdale, FL
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HELOC on Investment Condo

Tarso Teixeira
  • Rental Property Investor
  • Fort Lauderdale, FL
Posted Feb 7 2019, 07:19

Hello BP, 

I am looking for a a lender in Florida that will do a Home Equity Line of Credit on an investment property. I have quite a bit of equity in a condo. I would like to use a HELOC instead of a refinance and prefer a smaller bank or credit union. My challenge so far has been the ratio of owner occupied units.

Any advice as always is greatly appreciated

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