Updated almost 5 years ago on . Most recent reply

Obtaining a HELOC for investment properties
Does anyone know of lender that can do HELOC's for rental properties. I've got strong equity positions with a few different rentals and would like to have access to additional cash, but every lender I've spoken with so far can only do HELOC's for primary residences. A cash-out refi would be the back-up plan, but I'd really prefer to not go that route if I can secure a HELOC instead.
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@Peter Stur - I just got a HELOC on one of my properties in Denver. I went through Vectra Bank. If you need an intro, let me know! Happy to provide one.
- Craig Curelop
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- Podcast Guest on Show #350