HELOC on investment property in TX

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  • Jason WrayPro Member
    Banker · Nationwide · Member since 2020 · 2k+ posts · 1k+ votes
    2y

    Have you looked at the difference with DSCR versus Heloc?

  • Lender · Chicago · Member since 2023 · 176 posts · 70 votes
    2y

    I have an option although it is a one time draw second.

  • Jason WrayPro Member
    Banker · Nationwide · Member since 2020 · 2k+ posts · 1k+ votes
    2y
    Quote from @Jack Matthias:

    I have an option although it is a one time draw second.

    Jack is that a Heloan 2nd where the borrower takes funds in all cash versus line of credit pay as you go?
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