Home Equity Line on new Investment property

[Michael Medeiros]

I"m looking to take $ out of an investment property I purchased recently- checking to see if folks have any references/ sources outside of traditional banks.

I have $150K 1st mortgage, appraisal at $369K but have only recently purchased the property. I've been told I need to hold house for 1 YR but thought it's worth asking the BP community.

Thanks!