Home Equity Loans for Rental Multi Fam

[Justin Dragon]

Good morning, all!

I’m having a really difficult time finding a lender for a home equity loan to pull equity from one of my multifams. Any advice on how to get this done?

I understand there is higher risk to the lender, but surely there are some banks or lenders that will do this?

I'm also open to a HELOC but would prefer loan.

For background, I have excellent credit and the home has a lot of equity (50% of the value)

Thanks so much,

Justin