Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
Commercial Real Estate Investing
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Innovative Strategies
Mobile Home Park Investing
Multi-Family and Apartment Investing
Land & New Construction
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Personal Finance
Creative Real Estate Financing
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Dan Warner's profile image
Dan Warner's profile image
Dan Warner
  • from Forney, TX
  • Member since Jun 13, 2018

User Stats

4
Posts
3
Votes
Dan Warner's profile image
Dan Warner's profile image
Dan Warner
  • from Forney, TX
  • Member since Jun 13, 2018
Dan Warner
  • Forney, TX
3
Votes |
4
Posts
Private Lending & Conventional Mortgage Advice

HELOC in Texas for Investment Property

Dan Warner
  • Forney, TX
Posted

Can anyone tell me if you can use a HELOC to purchase an investment property in Texas?

2 Votes
Follow
5 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Michael S.'s profile image
Michael S.'s profile image
Michael S.
  • from Dallas, TX
  • Member since Dec 25, 2014

User Stats

8
Posts
25
Votes
Michael S.'s profile image
Michael S.'s profile image
Michael S.
  • from Dallas, TX
  • Member since Dec 25, 2014
Michael S.
  • Dallas, TX
25
Votes |
8
Posts
Michael S.
  • Dallas, TX
Replied

I believe they are allowed. The restrictions Texas has on cash-out refinances and HELOCs are for primary residences. Presumably because of the restrictions, it seems many institutions do not have that kind of product available in Texas. From my understanding you have to talk to the right commercial lender in order to get a line of credit secured by a cash-flow property. That said, from my experience I haven't seen any willing to take a 2nd position.

Read more: 

https://www.biggerpockets.com/forums/585/topics/555448-non-owner-occupied-helocs-in-texas

3 Votes
Log In or Sign Up to Reply
Sort By:

Loading replies...