HELOC on an investment property?

HELOC on an investment property?

Rental Property Investor · Where we are parked · Member since 2013 · 584 posts · 178 votes

Hello all, 

Does anyone know of any banks/lenders who will give a HELOC on an investment property? We know we could do a cash-out refinance but we already have a pretty good rate and don't want to pay thousands of dollars in closing costs. The property is in California.

Thanks for any recommendations.

Cheers!

Eric

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Real Estate Investor · Columbia, MD · Member since 2014 · 172 posts · 94 votes
11y

Also try TD Bank and your local credit union.  I was recently approved for one by both banks.

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