Banks that offer HELOC from a rental property

Member since 2022 · 61 posts · 29 votes

Hello everyone, thank you for taking the time to read this. I am inquiring about being a hard money lender. In The Milwaukee area in Wisconsin, what are some lenders that will offer a HELOC loan through an investment property not a primary home?

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Devin PetersonBusiness Member
Lender · Sarasota, FL · Member since 2022 · 2k+ posts · 664 votes
1d
There are a very few options out there for DSCR HELOCs but what you are looking for does exist. You can go up to 70-75% CLTV depending on the DSCR and FICO. Happy to connect and provide more specific details.
[email protected]860-538-3672
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Dan Duenas
Lender · Member since 2026 · 4 posts · 2 votes
1d
You're not asking for anything exotic here — investment-property HELOCs exist, most banks just don't advertise them because their box is built around primary homes.

The product to look for: a 2nd-position line of credit on an investment property. No appraisal required, no tax returns or W-2s — income is based on bank deposits. Fixed rate, zero prepayment penalty. You pull funds from a rental you already own and use them for the next purchase, renovation, whatever you need.

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Erik EstradaBusiness Member
Lender · Member since 2022 · 6k+ posts · 1k+ votes
17h
If I am understanding your post correctly, you are looking for a lenders that do HELOCs on investment properties?
[email protected]818-269-7983
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