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HomeForumsGeneral Real Estate InvestingHeloc for rental property in LLC
Dan Nelson's profile image
Dan Nelson's profile image
Dan Nelson
  • Real Estate Broker
  • from Chicago, IL
  • Member since Feb 1, 2016
  • Posts 50
  • Votes 48
  • Experience 22 Yrs
  • Investments 5
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50
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48
Votes
Dan Nelson's profile image
Dan Nelson's profile image
Dan Nelson
  • Real Estate Broker
  • from Chicago, IL
  • Member since Feb 1, 2016
  • Posts 50
  • Votes 48
  • Experience 22 Yrs
  • Investments 5
Connect
Dan Nelson
  • Real Estate Broker
  • Chicago, IL
48
Votes |
50
Posts
General Real Estate Investing

Heloc for rental property in LLC

Dan Nelson
  • Real Estate Broker
  • Chicago, IL
Posted Feb 9 2019, 07:26

I have a rental property in an LLC. However, the banks I have been working with are unwilling to give me a HELOC unless I bring it out of the LLC. Is there a way around this or is this a standard response from banks?

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