Looking for a HELOC for an investment property
I have a property that I need to refinance or get a HELOC on (I prefer a HELOC). I'm in the Pittsburgh, PA market and I'm not getting the response I need from the banks I've contacted for several reasons. Some of the reasons that I've heard include:
1. My credit score is in the mid 700s but my debt-to-income ratio is too high.
2. It's an investment property.
The property has about 90k in equity and I need it to fund a couple projects I'm working on. I'm looking for a bank or credit union to partner with. Does anyone have a lender they've worked with that they can recommend?
Any help from the community would be appreciated.
Thank you.