I am trying to get a HELOC on on house that is owned by my LLC. I am getting turned down at every lender. I have over 100k in EQUITY in the house. Any suggestions where I can get a HELOC? id like to take 50k and invest in another rental property here in Nevada.
I'm thinking of about a hundred ways to do this, but did you try refinancing with a local bank? I would also contact every local community bank within 50 miles of your location and meet in person with them on your project. I think these community banks might be the ticket, especially after recent legislation. Just a few thoughts.