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Updated over 3 years ago,
HELOC for Rental Properties in the Bay Area
Hi BP,
I have some equity in a rental property in the Bay Area that I'm looking to make use of. All the lenders (mostly banks) I've contacted do not offer HELOC for rental properties. Has anyone found success with credit unions locally that offer such product? If so would love to hear your experience such as the terms you're getting and who you're working with. Cash out refi is not something I'm interested in.
Thanks!
Hai