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Updated almost 2 years ago on . Most recent reply

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Daniel Lidwin
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HELOCs on Investment Properties

Daniel Lidwin
Posted

Has anyone found lenders (preferably credit unions or small local banks) that do HELOCs on investment properties, or are okay with a tax return that shows income generated occasionally on a 2nd home? PNC Bank denied me for a HELOC on my 2nd home because my tax return shows I also make income on it. Appreciate any up to date insight. I currently only found one credit union (MembersFirst) that will do a HELOC on an investment property. Currently chasing that down but looking for other options.

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Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
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Nicholas L.
#2 Out of State Investing Contributor
  • Flipper/Rehabber
  • Pittsburgh
Replied

@Daniel Lidwin

yes - try The One Brokerage

not affiliated with them in any way nor posting on their behalf

just a current customer 

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