Hey guys! I am curious to see if there are any creative ways to to get a HELOC on an investment property. I have 4 properties in Saratoga Springs and I went to MACU & UCCU (credit unions) and they said that they do not do a HELOC on investment properties.
Have you had any success with this? Or is it even possible?
@Nik Krohn Try AFCU, I have several on investment properties with them.
Thanks man! Thats awesome. Ill give them a try!
Nik, what did you find out? I'm looking for the same thing on my SL county properties.
@Alan Walker They said that they could do it on the investment properties. 80% LTV on them and they could do it on multiple properties. 2 of mine have the MACU 90% program so I wont be able to do it for those properties but I do have one that I paid 20% down that I should be able to get a HELOC on