Will a bank approve HELOC to purchase investment property?!

[Dessiree Jimenez]

Hello everyone. I'm very new at REI. In fact, I have not purchased my first investment property because I dont have the funds. I do have about $150k equity in my primary home. I applied for a HELOC through a major bank and was denied due to DTI. I have good credit, very little debt and received a counter offer of $25k.

My question: I know there are many "investment friendly" banks out there, but will they approve a HELOC with the intentions to purchase an investment property, regardless of DTI. I guess the real question is if they will consider the potential rental as "income". If so, which banks should i consider and how should i go about that process.

Thanks so much in advance.