Real Estate Rookie How to Get a HELOC on Investment Property: Use Your Equity! (Rookie Reply)
Sep 12, 2025
Learn how to strategically use HELOCs for rental properties and navigate the challenges of traditional banks. Discover insights on tackling tax lien properties, from acquisition to eviction. The hosts emphasize the realistic time commitment for new investors and the importance of efficient management alongside other life demands. They also stress the necessity of tailored insurance to protect investments against seasonal risks, ensuring maximum cash flow.
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Get HELOC Before You Move Out
- Get a HELOC while the property is still your primary residence if possible.
- Confirm lender stipulations and keep the line open after converting to a rental.
HELOC Attempt Fell Apart Over Zoning
- Tony attempted a commercial line of credit on an Airbnb but it failed late over a zoning issue.
- They haven't reattempted since despite substantial equity in the property.
Local Banks Fund Commercial Lines
- Ashley has used commercial lines of credit on rental properties through small local banks.
- Those lines worked for properties without an existing mortgage, not ones already mortgaged.
