No Doc Line of Credit for Investment Properties in California
No Doc Line of Credit for Investment Properties in California
I own a few rentals in the East Bay. I have a ton of equity but don’t want to refinance out of 2.875% loans. Can I get a line of credit? Note DTI type of loan will not work.
Thanks
Ramon
Timestamps
[00:28] A private mortgage fund in California that does true HELOC
[00:34] What does HELOC do?
[00:47] No doc type of loan for investment properties
[00:57] A loan that’s based on your equity and rental property
[01:04] Does it have the same pricing as Patelco or other local credit unions
[01:17] Book a call at https://investorfinancingpodcast.com/rumble so we can figure out the maximum line of credit we can get for you
[01:54] Banks and credit unions only make equity lines on owner-occupied property
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 💥
#California #investmentproperty #doclineofcredit #lineofcredit #EastBay
About Beau: Beau Eckstein is a real estate entrepreneur, TV personality, and commercial mortgage advisor, specializing in construction financing and multi-family lending.
🎥 The video interviews we do on IFP will help you scale your real estate business and learn how to finance all your projects.
About the Channel: Want to structure your investments in the right and secure way?
Learn great insights and make the right decisions through the Investor Financing Podcast hosted by Beau Eckstein.
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