HELOC 1st Lien Position
Hi fellow BP Colleagues! I am searching for a lender that will provide a HELOC in the 1st lien position on 3 rental properties I own. I am finding lots of evidence of this elusive loan product around the BP forums, but have yet to locate a lender who will offers this loan type. I live in the Raleigh NC locale. I have three rentals with a pretty good amount of equity and I would like to tap that equity while I'm paying the loan down and increasing my equity as efficiently as possible. Looking forward to getting some guidance!