Line of Credit on Investment Property

[Austin John Fiero]

Hello BP Fam!

I have an investment property that was acquired Sub-to. The property has ~100K on the mortgage left (in sellers name) and I am making the payments. The property was recently appraised for ~210K. I was curious if it was possible to do a Line of Credit on this property given the mortgage not in my name of my LLCs.

Thank you!