Updated almost 4 years ago on . Most recent reply

Looking for line of credit on rental property
Guys, I'm trying to obtain a line of credit, like a HELOC on a rental property I own for renovations. The banks I've talked to so far only do a line of credit on a primary residence, or a cash out refi. The property is just about paid off and I'd rather not have a larger mortgage on it if I can avoid it. Any options?
Thanks!
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@Erick Caffarello check with Pen Fed