Can I get a HELOC on a rental with less than 2 years as landlord?

[Chris Baber]

So, a little over a year ago, I quit my job to focus on getting my then primary residence converted to a Short Term Rental (First guest rented March 2018), which was shortly after acquiring a second property, which I'm rehabbing to turn into a STR also.

I've got over 100k in equity in the first STR (I'm at about 50% LTV now), and I'd love to take a HELOC against that property to reinvest. Generally lenders want to see 2 years tax returns (meaning: more than 2 calendar years) to prove the rental income. I'm not there yet, and don't want to keep waiting.

I know of a few lenders that will do long term (30 year) fixed loans on investment properties at decent(ish) rates, but I'd prefer to keep my current mortgage, and just get another line to use as necessary.

Anyone got any ideas?