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Updated over 4 years ago on . Most recent reply

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21
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3
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Elena Dubinski
  • Noblesville, IN
3
Votes |
21
Posts

How can I get a HELOC on a rental property? I live in Indiana.

Elena Dubinski
  • Noblesville, IN
Posted

I have a rental property with a good equity in it. I would like to open a HELOC, but have a hard time to find a bank which would do HELOC on a rental property.

I live in Indianapolis, Indiana.

Any advise will be appreciated!

Thank you,

Elena

Most Popular Reply

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1,200
Posts
591
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Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
591
Votes |
1,200
Posts
Nick Giulioni
  • Rental Property Investor
  • Carmel, IN
Replied

I haven't found a bank that likes to do this. Would recommend just a traditional refi (rate will be better anyway).

  • Nick Giulioni
  • Loading replies...