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All Forum Posts by: William Sosa

William Sosa has started 1 posts and replied 2 times.

Post: Need HELOC, Investment Property in Fl.

William SosaPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 2
  • Votes 0

Thanks @Alex Russell but ithink does not have a HELOC on Investments in there programs.

Post: Need HELOC, Investment Property in Fl.

William SosaPosted
  • Rental Property Investor
  • San Diego, CA
  • Posts 2
  • Votes 0

I Just purchased my 1st out of state property in Fl. 🙌 it's currently in the process of being rented out on a long term lease. It is free and clear and I would like to get a HELOC but I'm having a hard time finding a bank that can approve me. I don't have a w2 and my only income is from 2 rentals. I have some reserves. Possibly a house hack soon as well. I would like to have the Heloc for the future possible downturn of the market and be in a position to move forward.