Any good HELOCS for investment homes?

[Brian Stutzman]

I have a rental home that is paid off and I would like to get a HELOC on it for future liquidity. I have found a credit union that will do a "no yearly fee" HELOC if I just pay about $800 upfront for an appraisal. The interest rate is competitive but not hugely important, and they have an acceptable limit on how much they will allow to be pulled out.

Years ago we got a heloc with zero fees and they simply did a drive by analysis because the ltv was less than 50%.  I hate to fork over $800 for a formal appraisal. 

Does anyone know of a bank or Credit Union that does HELOCs on rental homes?  (We have good credit, good income, etc.)  TIA