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Updated over 4 years ago on . Most recent reply

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Peter Stur
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Obtaining a HELOC for investment properties

Peter Stur
Posted

Does anyone know of lender that can do HELOC's for rental properties. I've got strong equity positions with a few different rentals and would like to have access to additional cash, but every lender I've spoken with so far can only do HELOC's for primary residences. A cash-out refi would be the back-up plan, but I'd really prefer to not go that route if I can secure a HELOC instead.

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1,128
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Craig Curelop
  • Real Estate Agent
  • Post Falls, ID
1,084
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1,128
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Craig Curelop
  • Real Estate Agent
  • Post Falls, ID
Replied

@Peter Stur - I just got a HELOC on one of my properties in Denver. I went through Vectra Bank. If you need an intro, let me know! Happy to provide one.

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