Local ohio lenders willing to work with smaller loans?

[Job Hempy]

I currently own two investment properties (a 3/1 and 2/1) free and clear for a little over a year now. I'd like to either take out a HELOC or home equity loan, however I'm running into a few roadblocks.

One issue is that I would like to group both properties together in one loan to avoid excessive closing costs and all around headache. A second reason for wanting to do this is that both properties value are relatively low (it seems a lot of banks have a minimum loan of 50-70k). I'm not sure what they would appraise at, but the county auditor has them at about 44k and 21k respectively. Both of those values have not been updated since I renovated the properties though.

Can anybody point me in the direction of a local lender that might work with these terms, or maybe what I'm looking for doesn't exist?

[David Antulis]

Hello I just got a heloc from Huntington on a duplex investment property that was free and clear. No closing cost or anything they did not mention any kind of minimum loan I had to take out they just gave me 75% of the value. I was pretty simple. Might want to give them a call if you haven't.