How to get HELOC/ or other type of loan on a rental?

[Mary Jay]

hi guys,

so I have a lot of equity in one of my rentals but the interest rates are super low on it. so I dont want to do a cash out refinance on it because I dont want to lose the 3% interest rate on it.

I want to get some cash out of it via Heloc or another vehicle, so I could buy another rental, but its not my primary, so I cant get a HELOC on it from lots of banks....

I think PenFed does helocs on rentals, but because I have more than 5 rentals, I dont qualify for their HELOC loan.

IS there a bank that would give a HELOC/cash on a rental?