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Updated over 1 year ago on . Most recent reply

User Stats

53
Posts
22
Votes
Yusuke Koike
22
Votes |
53
Posts

I am looking for a HELOC

Yusuke Koike
Posted

Hi, 

My name is Leo. I started an investment in real estate last year (bought a small condo) and I am looking for a 2nd investment propery.

I have been in hard time to find a HELOC which is taken from one of my INVESTMENT property which has 40-45% equity portion.

The problem is that many lenders do not HELOC on any investment property, only on a primary residence.

Anyone know a lender/bank who provide a HELOC which can be taken from an investment property?


Thank you,
Leo

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