HELOC on SFR Rental?

[Andrew Kniffin]

Hello-

I have an SFR and plan to hold it for 2-5 years. Becauase of that timeframe, I care more about my upfront, cash-to-closing costs than I do about my interest rate.

So I am looking for a HELOC on the investment property. I am in Seattle Washington, and the property is in Bremerton over in Kitsap County. I know that getting HELOCs on investments has been possible in the past; my friend @Drew Whitson has done this with Wells Fargo.  

But I've called around to many different banks and have not had any luck with it. Has anyone here been able to obtain a HELOC on a rental property? Currently, the property is owned free-and-clear. There is no debt on it.

Any input would be greatly appreciated!  Thanks.