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Suzanne Lewis
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5
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HELOC on a rental property

Suzanne Lewis
Posted

Where should I look for banks that do HELOCs on a rental property? We just turned our last townhome in to a rental. We have about $250k in equity and would like to have $100k open for future opportunities and as an extremely last resort EF. I am in Denver. KeyBank doesn't do HELOCs on rental properties but haven't started looking elsewhere as lots of places aren't even taking them. 

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