HELOC on Investment properties

[Andrew Flora]

I own 2 duplexes and 2 SF rentals(6 doors) all free and clear. My problem is that I can't find a bank that will allow me to get a HELOC on my investment properties because they only offer a HELOC for a primary residence. I can do a cash out refinance but that's not the route I want to go. Any advice?

[Dave DeMarco]

@Andrew Flora

PenFed Credit Union. Open an acct online for $5 or $10 to become a member and call the mortgage dept. I have 5 equity lines with them between me and my wife. They will limit the number you take out. Easy to work with, lend everywhere, responsive and in some cases a desktop appraisal.