Property investment credit lines can come in the form of Home Equity Lines of Credit (HELOCs)
HELOCs are the most common examples of secured LOCs. They are secured by the market value of the homes in question minus any amount owed. This becomes the basis for determining the line of credit’s size.
It is usual for the credit limit to be equal to between 75% of a home’s market value, minus what is still owed on the mortgage.