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Innovative Strategies
HomeForumsInnovative StrategiesHELOC after a cash-out refi?
Vonetta Booker's profile image
Vonetta Booker's profile image
Vonetta Booker
  • Investor
  • from Stamford, CT
  • Member since Dec 10, 2012
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Vonetta Booker's profile image
Vonetta Booker's profile image
Vonetta Booker
  • Investor
  • from Stamford, CT
  • Member since Dec 10, 2012
Connect
Vonetta Booker
  • Investor
  • Stamford, CT
62
Votes |
247
Posts
Innovative Strategies

HELOC after a cash-out refi?

Vonetta Booker
  • Investor
  • Stamford, CT
Posted Jan 9 2016, 08:22

Hi guys & happy New Year! I just recently did a cash-out refi on my rental property at 75% ARV. Is it possible to take out a HELOC on the remaining 25% equity for a down payment on my next rental property? (The cash-out isn't quite enough to cover everything.)

Just wondering if anyone's done this, thanks! :-)

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