Banks that offer HELOC from a rental property

Milwaukee, Wisconsin
Rehabbing & House Flipping
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Banks that offer HELOC from a rental property

Jeanette Land
Member since 2022 · 61 posts · 31 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 · 675 votes
    4w

    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
    ProAlpha Capital56 Reviews
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  • Dan Duenas
    Lender · Irvine, Orange County · Member since 2026 · 54 posts · 28 votes
    4w

    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
    3w

    If I am understanding your post correctly, you are looking for a lenders that do HELOCs on investment properties?

    [email protected]818-269-7983
    LuxePrivate Investments LLC 572 Reviews
    WebsiteView Page
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  • Adam Summerer
    Lender · Franklin, TN · Member since 2026 · 110 posts · 29 votes
    1w

    Investment-property HELOCs exist, they're just quieter than primary-home lines — expect tighter CLTV (often ~70–75% class), income/deposit checks even when marketed "light doc," and fewer retail bank menus. Some investors use a DSCR HELOC / closed-end 2nd when a traditional rental HELOC ghosts them; ask for CLTV, draw rules, and whether the property can be vested in an LLC before you waste a week. Local portfolio banks/CUs in your market are still worth calling directly for this product.

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