Need some advise

[Tony Sepassi]

Hi Guys,

I have been trying to see if I can get a HLOC on a investment property I have but it seems no bank wants to offer HLOC on a investment property.

I'm going to auctions to see if I can get a good deal so I need cash waiting but it seems the only thing the banks want to offer is a cash out loan which means I get the loan and start to pay the monthly payment but that doesn't do me any good when I have no property in mind I want to buy.

Is there a way to get HLOC with investment properties?