HELOC for a rental property?

[Leanna Green]

Hi i have 2 rental properties: single family rented w/ maybe $225K equity and a 2 family w/ 225K equity. Looking to take out a HELOC and not sure if this is possible for a rental? Located 20 miles south of Boston.

[Kerry Baird]

Yes, I have posted a long list of lenders that I gathered from BP members as well as a few others I’ve used myself.  Search for the word “gleaned” and find the most recent post. A BP mod asked me to not spam the list. TD Bank is an option I’ve used, PenFed is another, US Bank has long offered HELOCs on investment properties. And then local (to the property) community banks and credit unions.