Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 3 years ago, 02/03/2022
HELOC on rental property
Does anyone here have experience getting an equity line of credit on a rental property? I have about $200,000 equity in a rental property in California and I currently live in Colorado. I’m getting shot down by every local bank and credit union that I call. The banks i called in CA won’t loan on non-primary residences and the CO banks that can loan on rentals can’t use a CA property. Any lender referrals would be appreciated.
Thanks!