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Updated over 1 year ago on . Most recent reply

Trent Johnson's profile image
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Trent Johnson
  • Member since Jan 20, 2021

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Trent Johnson's profile image
Trent Johnson's profile image
Trent Johnson
  • Member since Jan 20, 2021
Trent Johnson
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HELOC - Trouble Finding a Lender

Trent Johnson
Posted

I have a rental property will 100k+ worth of equity and is currently on a 30 year conventional mortgage. I am trying to use that equity to buy another investment property. I have talked with a handful of banks and credit unions and it seems no one is interested in giving an equity line of credit for an existing investment property.

Does anyone know of any lenders that are open to doing this kind of business?

Looking for
Kansas City, Kansas
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