HELOC for rentals

[Daniel Levy]

Question for anyone with the answer.  Are there any companies out there doing HELOCs on rental properties ?  If so who ?

Thank you in advance

[Tanner Lewis]

If you are looking into HELOCs, I would also look into cash-out refinances, there are many hard-money/private lenders that offer DSCR cash-out refinances as low as 7% interest rates. Many traditional lenders will not be able to qualify you with your rental income whereas private money lenders are able to use your FICO, DSCR (rental income), and LTV to qualify you for a loan.