Line of credit for a rental property

[Clayton Coombs]

Hey guys, I have been successful getting lines of credit on my rental properties (Some under my LLC & some under my name) for single family homes I have tenants in. However the bank I typically get these lines from won't give a line of credit for a manufactured home. I wanted to see if anyone else has been able to find a lender that will give a line of credit for a manufactured home? By the way this property and myself are located in Phoenix, AZ. Thanks in advance for your help.

[Jonathan Taylor Smith]

Sorry @Clayton Coombs, I can't answer your question, but my question for you is... How did you get a line of credit against a tenant occupied rental property? I assume they are owned free and clear?

Mine are not, so when I've inquired about getting a line of credit against my rental properties secured in second position, my best responses to date are when they say NO before starting to laugh, as it is annoying when I must wait for them to stop laughing hysterically before being told NO.