Financing Rental Properties: Understanding HELOC Options > 자유게시판

Many lenders allow funding up to 70% to 80% of the hire property's appraised price, minus any current mortgage balance. Like, if your home is appreciated at $400,000 and your mortgage stability is $200,000, you may qualify for a heloc on rental property as high as $120,000 ($400,000 × 75% – $200,000).