Help with a HELOC

[Joe C.]

I want to pull some money out of my properties to purchase an investment home. Who can I turn to for a good rate? My credit score is around 700. I spoke to TD Bank, but I have 3 loans with them and I do not want to do a 4th one with them. Thanks for your help. 

[Patrick Roberts]

For 2nd liens, the best lender is typically the one that holds the 1st lien. That being said, I agree with @Nicholas L., if this will be for a long term use of the funds, any 2nd lien is likely to be too expensive to make sense. 

If youre deadset on this, expect rates to be north of 10% on 2nd liens on investment properties.