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Updated almost 2 years ago on . Most recent reply
![Francisco Ruiz's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1683919/1621514760-avatar-franciscor54.jpg?twic=v1/output=image/crop=3051x3051@0x116/cover=128x128&v=2)
Utilize equity without refinance
We have two short term rentals, one in TN (rate at 3.25%) and one in VA (rate at 3.8%). Don't want to move from those rates to current rates, but would like to find a way to utilize or take advantage of the equity in both for other projects. Any creative financing options to consider or look into?
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![Zeona McIntyre's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/344340/1646968108-avatar-zeona.jpg?twic=v1/output=image/crop=206x206@0x0/cover=128x128&v=2)
Hey Francisco,
You can get HELOCs on investment properties. They are rarer but definitely still an option. I would definitely do that over a refinance.