Business Line of Credit on Rental Property - Richmond VA

[Nicholas Adam Cramer]

Hi all,

I have been using the BRRR strategy and refinancing my money out of rentals. I would like to explore opening a business line of credit based on the equity I have in my rental as an alternative to refinancing. I've heard this is possible, but every bank I have talked to so far doesn't seem to carry this loan product. Does anyone know of any lenders that would offer this? Specifically in the Richmond?

Thanks!