Anyone recently taken out a HEL on investment property?

[Rik Hunter]

I have got a duplex with a good amount of equity in it, and I'm rehabbing a live-in fix and flip/rent. I'd prefer the home equity loan and let my tenants pay for it (it would still cashflow), and I'd use some of the cash to pay off my rehab (currently on credit cards at 0%). The rest can towards the next property. 

Although I've seen some forum posts about this being possible, I haven't seen anyone report getting a HEL on an investment property. 

I haven't found a local lender (or even a national lender) who will do anything other than a commercial line of credit with an investment property, or they tell me to do a cash-out refinance.