Equity Loan on Building

[Nick Senella]

Does anyone know of any lenders that will look at an equity loan / line of credit on a personal storage garage? The building is on its own deed and is valued around $35-40,000. I don’t owe anything on the property. I’ve talked to a few banks local to me and they are saying they’ll only look at a residence for this type of loan. I’m trying to use the funds as a down payment on my first investment property so any advice is appreciated!