I know that it is probably not the best time to look for it as many lender are getting very cautious, but I am looking for banks that would offer HELOC on Broward investment property held in LLC.
Please share your recommendation.
I'm looking for the same thing at the moment and found it with a local community bank and another credit union. A caveat with both options is that they want to be in 1st lien position, so if you have a mortgage it wouldn't work. Prime rate +1%, so about 4.25% currently. Has to be paid back within a year and then can renew. 80% LTV/Equity.
I'm sure there are other options. Try community banks and CU's in Broward.