Approved for HELOC and had to walk away from closing

[Lauren Samford]

RE Investors - I went through 2 months of paperwork to finally get approved for a $100k HELOC on my only property that I recently turned into a mid-term rental. I got notice today from the bank (Navy Federal Credit Union) that I have to close in the next 2 weeks and the notary MUST meet us to close at the physical property address. But I have Airbnb tenants in there during that time!! I was so frustrated I walked away and realized this is not the right banking institution for me. I mean, how do investors who are traveling and have properties around the globe with tenants in them show up at the physical property address to close on a HELOC for 2 hours with a notary public. Is this for real? In any case, I need recommendations of investor-friendly banks so I can do this all over again... any guidance is much appreciated!!