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9
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Bob Gardner
  • Investor
  • Osseo, MN
15
Votes |
9
Posts

Looking for a line of credit on my duplexes

Bob Gardner
  • Investor
  • Osseo, MN
Posted

My duplexes cash flow like crazy and have a 75% LTV first on them. I have 3 so there is some equity there. How do I tap into this?

Please give me name of lender that will fund based on cash flow, excellent credit.

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862
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438
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Darren Eady
  • Rental Property Investor
  • Lindon, UT
438
Votes |
862
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Darren Eady
  • Rental Property Investor
  • Lindon, UT
Replied

Most likely . . . you don't. If you already have great first mortgages at 75% LTV you are already at your ultimate scenario on each property with the right level of tax breaks vs. cash flow.

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