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Updated over 3 years ago on . Most recent reply
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Bank recommendations who do HELOCs on investment properties
I am on the tail end of a BRRR on a triplex, and I'm exploring options on the refinance side. A cash out refi is an option, but I also like the idea of doing a HELOC on the property. Through my research, it looks like HELOCs on investment properties can be challenging.
I found 1 credit union (Redwood Credit Union) that looks like they will do HELOCs for investment properties, but I'd love to hear from the community if you've had a good experience with a bank or credit union doing a HELOC on one of your investment properties.
Thanks in advance!