Investing in Real Estate with Clayton Morris | Investing for Beginners

943: Q&A: How Can I Find a HELOC for My Rental Property? - Episode 943

05.01.2023 - By Clayton MorrisPlay

Download our free app to listen on your phone

Download on the App StoreGet it on Google Play

Banks have been tightening their lending standards for a while now, and investors are finding it harder and harder to find lenders willing to give loans on rental properties. Today's first caller has contacted 30 banks to find a HELOC on an investment property, and still came up empty handed. What should his next move be? That's the first question I'm answering on this Q&A; episode!

On this episode of Investing in Real Estate, I'm answering three of your questions on finding a HELOC for a rental property, how to decide if you should pay off mortgages, and the best way to tap into equity on a rental property. I'm also giving an update on the economy, the middle class, and what smart investors can do to protect themselves during this time.

More episodes from Investing in Real Estate with Clayton Morris | Investing for Beginners