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Updated 5 months ago on . Most recent reply
![Christopher Lynch's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/987244/1640812300-avatar-christopherl141.jpg?twic=v1/output=image/crop=1333x1333@0x0/cover=128x128&v=2)
Bank Statement Heloc on Primary
Are there any lenders offering HELOCs for small business owners who primarily use bank statements to qualify, especially those with write-offs? The credit score is around 720, and the property is owner-occupied, which might simplify the process. Any recommendations would be greatly appreciated!
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Quote from @Clayton Silva:
We may have that option. I know we have bank statement HELOANs for sure. What is the leverage you are looking to get?
I am looking to tap some of the equity. Right now it is about 50% equity and I would like to access 20-25%