When HELOCC isn’t an option!

[Kizzy Robb]

Hello,

I currently invest in St. Louis, MO. For the last few months I have contacted more than two dozen lenders (traditional banks, credit unions, etc) and have been told by them all that HELOCCS are not an option.

This has left me discouraged, as I had planned on using my two FREE AND CLEAR units to help finance additional purchases.

At this point I feel as I will never be able to get the equity out of my two units to help with the purchase of additional units.

Outside of a hard money lender to finance my deals what other options do I have? How can I leverage what I have to get what I need for more deals?