Updated over 10 years ago on . Most recent reply

Pulling equity out of a rental
What are the possibilities when it comes to pulling equity out of a rental house? I would love the flexibility of a HELOC but no one will give it if it isn't a primary residence. I have 50k equity in a 75k house. What are my options?
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@George Sass. I don't have a great answer for you but I believe that TD Bank does HELOC on investment properties. At least their calculator on their website has that option to calculate your potential credit limit. Check them out if they are anywhere near you.