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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
Let’s get one thing straight: Real estate investing isn’t a get-rich-quick scheme. If you think you can just waltz in and start raking in cash without a solid game plan, you’re setting yourself up for a financial face-plant.
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Creative Real Estate Financing
HomeForumsCreative Real Estate FinancingApplying for Heloc Immediately After Closing on Investment Prop
Reagen Natho's profile image
Reagen Natho's profile image
Reagen Natho
  • Real Estate Agent
  • from Texas Tennessee
  • Member since Feb 21, 2019
  • Posts 93
  • Votes 83
  • Experience 2 Yrs
  • Investments 2
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User Stats

93
Posts
83
Votes
Reagen Natho's profile image
Reagen Natho's profile image
Reagen Natho
  • Real Estate Agent
  • from Texas Tennessee
  • Member since Feb 21, 2019
  • Posts 93
  • Votes 83
  • Experience 2 Yrs
  • Investments 2
Connect
Reagen Natho
  • Real Estate Agent
  • Texas Tennessee
83
Votes |
93
Posts
Creative Real Estate Financing

Applying for Heloc Immediately After Closing on Investment Prop

Reagen Natho
  • Real Estate Agent
  • Texas Tennessee
Posted Oct 27 2021, 15:12

I have been under contract a little over a year on an investment property that will be used as a vacation rental. The market I am buying in has appreciated significantly and I should have somewhere around $250k in equity I’d like to tap into with a Heloc. Has anyone obtained a heloc on a non owner occupied property immediately after closing on it?

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