Cash Out Equity in Investment Property?

FinMick

Joined: Aug 18, 2005

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12:55p, 9/1/17

AG

Outside of doing a cash out refinance, is there any way to borrow against equity in an investment property/rental?

I'm pretty sure Home Equity/HELOCs are for primary residences only in Texas.

SteveBott

Joined: Jan 22, 2002

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1:13p, 9/1/17

AG

No not really. 75% of total value

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Jay@AgsReward.com

Joined: Dec 2, 2008

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4:57p, 9/1/17

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AG

What are you goals for the cash? We have some programs designed for accessing the equity quickly for well qualified investors that we do on our portfolio.

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texrover91

Joined: Sep 21, 2007

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10:52a, 9/6/17

AG

Line of credit can be a good option under the right conditions