Heloc on rented NY Co op

[Kate Kunkel]

Has anyone had luck with a Heloc or refinancing a Heloc on a rented co-op?

We have a co op in NYC that we have rented for the past 2.5 years. There is significant equity in the property that we would like to use, but most lenders seem to be unable to do a Heloc on a rented co op.

Anyone else have this issue or a solution for it?

Thanks,

Kate.