I've had good luck with BankNewport as well, to do rate comparison you can also try to get competitive quotes from other local banks that hold onto their loans, such as Pawtucket Credit Union, Navigant Credit Union and Coastway (now HarborOne).Other than the rate being a little higher because of it being 4 units and non owner occupied, is there a reason this would be hard to find @Hunter Waterman - have you had difficulty getting such a loan (HELOC)?

Just remember you should only use debt to increase your productivity.If you need to do something major like buy a vehicle in the name of your company, I'd start with the bank or credit union that you have your business accounts at.

Pen Fed Credit Union has the best HELOC on investment properties hands down.

I have talked to multiple banks and credit unions in the area and they have all told me that federal regulations do not allow me to use my heloc to buy real estate.

@Teho Kim, local/regional banks and credit unions are usually your best bet.

@Robert Guilfoyle PenFed credit Union does 80% CLTV, and Navy Federal Credit Union does 70% CLTV on investment properties

I'm looking for a small multifamily (2, 3, 4) property in Union City, The Heights, Journal Square and/or other places for cash flow purposes.

According to Chapter Five, “An outright gift of the cash investment is acceptable if the donor is- the borrower’s relative- the borrower’s employer or labor union- a close friend with a clearly defined and documented interest in the borrower- a charitable organization- a governmental agency or public entity that has a program providing home ownership assistance to low- and moderate-income families, or first-time homebuyers.”

A bank or credit union pretty straight fwd and the chances of someone making a fake one are rather slim.

Michael Klinger Do you have a local credit union or local community bank or have you exhausted all options?