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Updated about 3 years ago on . Most recent reply

Ryan Daniel Palmer's profile image
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Ryan Daniel Palmer
  • Member since Feb 4, 2021
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Ryan Daniel Palmer's profile image
Ryan Daniel Palmer's profile image
Ryan Daniel Palmer
  • Member since Feb 4, 2021
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Ryan Daniel Palmer
14
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13
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Mortgage Brokers & Lenders

Banks that provide HELOCs for rental property?

Ryan Daniel Palmer
Posted

I'm wondering if anyone knows of institutions that will provide HELOCs on rental properties in the state of Illinois? I check all the necessary boxes except owner-occupied.

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Jonathan Klemm's profile image
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Jonathan Klemm
  • Contractor
  • from Chicago, IL
  • Member since Oct 24, 2016
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Jonathan Klemm's profile image
Jonathan Klemm's profile image
Jonathan Klemm
  • Contractor
  • from Chicago, IL
  • Member since Oct 24, 2016
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Jonathan Klemm
  • Contractor
  • Chicago, IL
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Jonathan Klemm
  • Contractor
  • Chicago, IL
ModeratorReplied

Hey @Ryan Daniel Palmer - HELOC on an investment property can sometimes be hard to find, especially in Chicago.

Check out this post which provides some banks to get in contact with:

https://www.biggerpockets.com/...

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