HELOCs for Investment Properties in California [or Second Mortgage for multifamily]
Investment Property Line of Credit for California Properties -- How to Get an ILOC on a fourplex in California
Hello Beau! I have a free and clear 4plex near the beach in Encinitas, California (near San Diego). I am looking to put a line of credit on it so I have funds available for investments. I can’t go the “traditional” route. What might be my options with you guys?
Thanks,
Tommy
Timestamps
[00:10] Go to investorfinancingpodcast.com/ask to ask other questions
[00:59] Investor Line of Credit - ILOC
[01:20] Do a combined loan to value of up to 65-70 CLTV
[01:27] Cross collateral residential, non-owner occupied properties and commercial properties
[01:36] You are only paying interest on what’s dispersed
[01:46] Book a call at http://bookwithbeau.com/
[01:52] Where does ILOC program available?
If you'd like to ask me a question about real estate, do it here -- https://investorfinancingpodcast.com/ask
Are you a real estate investor or business owner looking to expand? Book a discovery call with Beau to learn all the ways he can help you - https://investorfinancingpodcast.com/rumble
💥 Thanks for watching 💥
#lineofcredit #multifamilyinvesting
_________________________________________________________________________________________________ About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
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🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance your all your projects.
About the Channel: Want to structure your investments in the right and secure way?
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