Updated over 8 years ago on . Most recent reply
Any Banks Offering LOCs on Investment Properties in Tennessee?
I have a rental property in Nashville, TN that I own free and clear. Are there any banks out there that will offer a revolving line of credit on an investment property? 65% should be sufficient. I don't want a commercial loan with a one-year call. I'd prefer something with a longer window as I don't yet know what I'm going to do with the money. I just want fast access to cash when an opportunity presents itself.
Thanks!



