Investment property HELOC, keep your first in place.
Borrow against a rental’s equity without touching the low-rate first mortgage on it: a fixed closed-end second, or a revolving line you draw as you need it, up to 80% of the property’s value combined with what you already owe.
How much equity is available.
Example figures, not a quote.
A fixed second or a line of credit?
| Term | Closed-end secondOne fixed amount | HELOCA line you draw on |
|---|---|---|
| How you get the moneyAt closing or over time. | All of it at closing | Drawn as you need it |
| Best forThe use each fits. | A known amount: a down payment, a payoff | Costs that come in stages: a rehab, reserves |
| Your first mortgageWhat happens to it. | Stays in place, at its own rate | |
| Combined limitFirst plus second, against value. | Up to 80% | |
Refinancing the whole loan instead? A DSCR cash-out refinance replaces the first mortgage.
Investment property HELOC questions
Can I get a HELOC on an investment property?
Yes — a revolving line or a fixed closed-end second, up to 80% of the property’s value combined with what you owe.
Do I have to refinance my first mortgage?
No. The second sits behind it, so a low-rate first stays exactly as it is.
How much can I borrow?
Up to 80% of the value, less what is owed on the first. On a $500,000 rental owing $250,000, up to $150,000.
HELOC or cash-out refinance?
A second keeps your first mortgage’s rate; a cash-out refinance replaces it. When the first carries a low rate, a second usually costs less overall.
Is this for my own home?
No. Our loans are business-purpose, for non-owner-occupied investment property.
Equity in a rental, a good rate on the first? Send us the address.
The value and what is owed — we’ll send back what is available and the structure that fits.
*For business-purpose loans on non-owner-occupied investment property only. Not available for personal, family or household purposes. All loans subject to credit approval, underwriting and property eligibility. Rates, leverage and terms are indicative, change without notice, and not all borrowers will qualify; not a commitment to lend. YS Capital Group · NMLS ID 2609746 · Equal Housing Lender.