Real Estate Association of Puget Sound

~
Nghi Le, Creative Lender

Most real estate investors think they understand HELOCs.
The reality is they only know the version their local bank offers.
Unfortunately, banks tend to be restrictive, and many HELOC specialists don’t understand the needs of real estate investors. 

Have you heard the following bank created lending obstacles?

• Your income doesn’t qualify (or we need your tax returns to show more income).
• You need to do a refinance and pay off your mortgage to pull out cash.
• You need at least a 660-680 credit score.
• We need at least 4 weeks to close a HELOC.
• We can only go up to $250k, $400k, $500k.
• We can only go up to 70% CLTV.
• You can’t do HELOCs on investment properties, only primary residences.
• We can’t do HELOCs for properties owned in an LLC.
• We can only do 1-2 HELOCs, not your entire portfolio.
• We can’t do a HELOC behind a mortgage that isn’t in your name.
• You already have a HELOC on the house; we can’t put another one on there.

I've heard all of these "no's" before—and I've found solutions to every one of them.

In this session, I'll pull back the curtain on the hidden world of 2nd lien financing and show you HELOC and HELOAN strategies that most investors never hear about so you can access more capital. We'll discuss when a HELOC makes sense versus a cash-out refinance and the different types of equity products available—including lite-doc HELOCs that can fund in days (and sometimes hours), DSCR second liens, investor-focused programs, LLC lending options, and more.

Whether you're a buy-and-hold investor, BRRRR operator, flipper, business owner, or landlord looking to access trapped equity, you'll walk away with financing strategies that go far beyond what most banks, mortgage brokers, and investors know exist.

About the Speaker 

Nghi Le (NMLS #1981494) is a Senior Mortgage Loan Advisor with Coast2Coast Mortgage who specializes in creative financing solutions for real estate investors, business owners, and self-employed borrowers. Recognized as a Top 1% Loan Officer in the nation by Scotsman Guide, Nghi is known for helping clients secure financing through HELOCs, HELOANs, DSCR loans, bank statement programs, hard money, and other non-conventional lending solutions. 

Beyond lending, Nghi is an active real estate investor with properties in multiple states and has been a REAPS member for over a decade. His unique perspective as both a lender and investor allows him to share practical financing strategies that most investors never encounter through traditional banking channels.