HELOC on non owner occupied property
I have a 3 unit in northwest Ohio that I bought with cash at tax auction, needing $60k in rehab. Current Reserves I have about $20k. One of of my rental units SFR appraises at $50k. I own that unit free and clear. But with renters in place I am having trouble finding the lender to accommodate a HELOC hopefully about 80% LTV Ratio so about $40k so I can complete the rehab and put tenants in place. Ideas or advice on what lenders in Ohio? I feel as if national lenders do not want to loan HELOCs on non owner occupied properties with the low amount of only $40k. Thank you for anyone taking time to respond!