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Updated over 8 years ago on . Most recent reply

User Stats

4
Posts
5
Votes
Stephanie Crawford
  • Real Estate Agent
  • Nashville, TN
5
Votes |
4
Posts

Any Banks Offering LOCs on Investment Properties in Tennessee?

Stephanie Crawford
  • Real Estate Agent
  • Nashville, TN
Posted

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!

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