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Updated over 3 years ago on . Most recent reply

Alberto Vargas's profile image
Alberto Vargas's profile image
Alberto Vargas
  • Member since Oct 25, 2020
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Alberto Vargas's profile image
Alberto Vargas's profile image
Alberto Vargas
  • Member since Oct 25, 2020
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Alberto Vargas
5
Votes |
11
Posts
Rehabbing & House Flipping

Heloc application in Texas

Alberto Vargas
Posted

Just spoke with PenFed about applying for a heloc (to use to fund an investment property) they said helocs in Texas can only be taken out of properties with a homestead exemption. I've a homestead exemption on my primary, but was hoping to get a heloc on a rental I have.

Are there any other options/workarounds?

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