HELOC for COOP used as rental

[Fred Lujan]

Hi

I own a coop in NYC and currently renting it out.  I have estimated equity of ~50% of the appraised value and wanted to figure out if there is a way to be able to get it out.  I called a couple of banks and they don't refinance or provide lines of credits for COOPS being used as investment properties, does anyone have different experiences?  Thanks.