I have a rental property in Pinetop and want to do a cash out refi. Have any of my fellow AZ investors had any success with certain banks? Also, have you had any success doing a HELOc on a rental as well? Your input would be much appreciated!
Sure thing Preston! Feel free to follow up with any additional questions you may have and we'll see if we can point you in the right direction! :-)
There are banks that will do a HELOC on a rental, but you have to shop around- don't give up, they are out there! Also, HELOC interest will STILL be deductible with the new tax law, but only if it's used for a business purpose, so there should be little to no effect for investors in that regard.