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Updated 3 months ago on . Most recent reply
![Matthew Barbaccia's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2002415/1621517405-avatar-matthewb818.jpg?twic=v1/output=image/crop=482x482@0x1/cover=128x128&v=2)
Applying for a HELOC with an investor friendly institution
Hey BP peeps,
When seeking a HELOC, does anyone know of a financial institution that works well with clients that lack W2 income? Most if not all of my income appears on my Schedule E as rental income from a college rental portfolio that I self manage. I have 3+ years of rental history with these income streams. I recently bought a primary residence all cash and would like to put a HELOC on the property to use as a revolving line of credit for various real estate projects I am working on. If anyone has any recs, I'd greatly appreciate it.
Many thanks!
-Matt