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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Keep doing it until someone stops you.. Posted by Ward-CA- on September 10, 2003 at 6:17 PM In Reply to: Qualifying for a HELOC posted by Ron on September 10, 2003 at 3:42 PM : Ward, : I’m in the process of getting equity lines of credit on my rental properties. As I’m calling around to find the best loan it occurs to me that there’s a practical limit to the number of credit lines I can get because my debt ratios will quickly be too high to qualify, even though I plan to keep the loan balance close to zero. Is there a way around this? : Ron =-==-=-=-=-=-=-=-=-=-=-=- Ron, Just get as many as you can from each bank. I got six from Wells Fargo before they said "...that's enough!!". Now I'm getting my first from WAMU. Maybe that'll grow to six also, who knows? Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Ward, : : I’m in the process of getting equity lines of credit on my rental properties. As I’m calling around to find the best loan it occurs to me that there’s a practical limit to the number of credit lines I can get because my debt ratios will quickly be too high to qualify, even though I plan to keep the loan balance close to zero. Is there a way around this? : : Ron : =-==-=-=-=-=-=-=-=-=-=-=- : Ron, : Just get as many as you can from each bank. I got six from Wells Fargo before they said "...that's enough!!". Now I'm getting my first from WAMU. Maybe that'll grow to six also, who knows? Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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