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Updated over 7 years ago on . Most recent reply

Edgar Perez's profile image
Edgar Perez's profile image
Edgar Perez
  • from Kenosha, WI
  • Member since Feb 22, 2017

User Stats

91
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21
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Edgar Perez's profile image
Edgar Perez's profile image
Edgar Perez
  • from Kenosha, WI
  • Member since Feb 22, 2017
Edgar Perez
  • Kenosha, WI
21
Votes |
91
Posts
Innovative Strategies

HELOC owner occupied multifamily

Edgar Perez
  • Kenosha, WI
Posted

Hey BP,

I am curious about using a HELOC strategy for investing. I currently own a 4unit multi family in Wisconsin. I live in 1 unit and rent out the other 3. My question is would I be able to get a HELOC on this property (home equity line of credit) and what happens if I move but keep the property as 100% rental. Thank you all.

Tags: HELOC financing Wisconsin creative strategy owner occupied multifamily

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