Updated 6 months ago on . Most recent reply
HELOC Options for 2nd home. Trying to unlock equity!
Hello!
One of my airbnbs in Boyne, Michigan has around 300-400k in equity locked up right now and I am struggling to get a lender to approve a Heloc. The main sticking points are that it's a second home and it has been used as a vacation rental. Has anyone else experienced this or know of a lender that may be able to help assist?
I appreciate any tips and tricks!