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Jessica Kirby
  • Realtor
  • Virgina
4
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21
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Getting a Heloc on a Rental

Jessica Kirby
  • Realtor
  • Virgina
Posted

Good afternoon,  I have somewhat struck out on finding a financial institution that will open a heloc on a rental property. Does anyone have a recommendation for a small local bank or lender that will do a heloc on a rental property that is paid off? Any advise or tips would be beyond appreciated. We are not in a rush we just he want to have this open and ready for when we will need it . 

Thank you in advance. 

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10
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Amy R.
  • Investor
  • Portland, OR
2
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10
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Amy R.
  • Investor
  • Portland, OR
Replied

Try Banner Bank as well- we started Talking with them about this and didn’t end up following through for various reasons- but it was possible. 

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