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Updated about 6 years ago on . Most recent reply

Jeff Stansberry's profile image
Jeff Stansberry's profile image
Jeff Stansberry
  • from Corona, California
  • Member since Sep 21, 2016
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56
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24
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Jeff Stansberry's profile image
Jeff Stansberry's profile image
Jeff Stansberry
  • from Corona, California
  • Member since Sep 21, 2016
Connect
Jeff Stansberry
  • Corona, CA
24
Votes |
56
Posts
Memphis Real Estate Forum

Finding a HELOC for a Rental Property

Jeff Stansberry
  • Corona, CA
Posted

Hi everyone,

Does anyone know of local banks / credit unions that give out HELOCs on rental properties (NOO)?

I have a cash property that I'd like to remodel and refinance once the tenant moves out (1 year left on lease) and it doesn't make sense for cash flow purposes to do a cash our refinance right now when I'd like to refinance after I remodel.

Any suggestions on lenders? I have called many large and small banks...

Thanks

Memphis, Tennessee
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