Looking for a Bank for my BRRR Strategy

[Victor N.]

Does anyone has a recommendation for a bank or credit union which will do a Heloc or any other type of cash out for a non owner occupied property?

Im looking for a Heloc on a duplex that I own free and clear.

TD Bank does them but you cannot own more than 4 properties ( regardless of whether there is a mortgage or not. They dont look at the number of mortgages you have they are more concerned about the total number of properties). So if you own 5 free and clear properties then you are disqualified for their Heloc.

Your recommendations will be appreciated!