LOC for non-US residents?
I am looking for a LOC secured by one or both of my rental properties; a 4-plex and a SFH. Both have substantial equity that I'd like to access without using a cash-out re-fi. We have strong reserves, and good paycheck income. Seems like this would be easy, but it's proving impossible.
Trick is that 1) both properties have a primary mortgage, and 2) my husband and I are US citizens but live outside of the US. I have contacted numerous local banks (local to my rentals), but one or the other of the above issues is a stopping point.
I'd love to find a lender, so appreciate any leads!