HELOC for rental properties

[Brandon Vogt]

I own a handful of rental properties that have appreciated nicely over the last 4 years. 3 of them are owned free & clear. I'm looking to get a line of credit against the sum of the equity on the properties to use for additional investment opportunities, whether real estate or other. I do not want to sell the properties, and I'm not looking to cash out refi. I'd rather have access to cash and use it as needed via a line of credit, if possible. Is there a bank that does a HELOC on multiple rental properties that you would recommend? Should I be talking with local banks? Also, what sorts of terms have others received on this type of loan? Or, are there other strategies besides HELOC that I should be considering? Any advice is appreciated. Thanks!