Home Buying in Miami>Question Details

Jack Ospina, Real Estate Pro in Coral Gables, FL

Does anyone know about how to get an Equity Line of credit for investment properties?

Asked by Jack Ospina, Coral Gables, FL Wed Sep 11, 2013

Hi. I own a few 1 bedroom apartments free and clear and just wanted some information if any mortgage brokers still offer Equity Lines of credit for investment properties. I called a few banks but they only offer Equity Lines of credit for primary homes.

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Answers

7
I work with the whole portfolio of lenders please contact me directly at meg@viviendarealtors.com.
2 votes Thank Flag Link Wed Sep 11, 2013
Try Wells Fargo. They have great rates and you can find them live online at http://www.wellsfargo.com
2 votes Thank Flag Link Wed Sep 11, 2013
Call Preston Ware, a mortgage broker whom realtors rely on, at 561-329-0075. He may be able to help you with an equity line of credit, or see his website at http://www.PrestonWare.com

Marc Jablon, the Jablon Team
Re/Max Complete Solutions
JablonTeam@gmail.com
561-213-6139
http://www.JablonTeam.com
2 votes Thank Flag Link Wed Sep 11, 2013
You should definitely try HSBC, I know that they do refinance investment properties, that may be another option if you are unable to obtain the line of credit.
0 votes Thank Flag Link Thu Sep 12, 2013
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0 votes Thank Flag Link Wed Sep 11, 2013
I work with a great lender at Wells Fargo.
If anyone can make it work it would be John they have some very innovative programs.
Send me a message if you would like some more information.
I would be happy to share his contact info with you, or have him call you.

Warm Regards,

Magaly
0 votes Thank Flag Link Wed Sep 11, 2013
Hi Magaly,
Could you please send me John at Wells Fargo's phone number? I have an investment property in FL that I would like to take some cash out of.
Thanks,
Ed (edm@flash.net)
Flag Mon Dec 1, 2014
Please contact Joseph.
He will take care of your situation.
He works for Great plains National Bank
Please inform him I have referrred and he is going to give you his best service.

Joseph # 4432925672

Good Luck and please provide a feedback.


Kadibhai (Kadi)
Better Homes & Gardens Gary Greene, Realtor Katy/Houston
Phone: 832-228-7978
Fax: 281-646 1841
Email: kadi.kadibhai@garygreene.com
Web: http://www.har.com/kadi
"The highest compliment I am ever given is when
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0 votes Thank Flag Link Wed Sep 11, 2013
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