Banks or CUs that will do HELOC on SFH rental property?
I know many banks and CUs will not do HELOCs on investment properties but I have also heard here and elsewhere that many do. However, now that I am actually looking, I am having a hard time finding any and can't locate the old posts that listed some of the lenders that do. I called Wells Fargo earlier and they will do it but limit the total amount of mortgages you can have to 5 (I have 8). I have excellent credit and the property has a 40% LTV. I just need to find an institution that will do it. Or, do they just not exist in my scenario and in today's market?