If you do not qualify for traditional lenders due to factors such as debt-to-income (DTI), too many loans outstanding, or poor credit, you can also look into online private lenders.

If there's any outstanding balance already drawn, you'd just pay that back according to the terms of the HELOC. 

The house I purchased in 2008 has no outstanding balance and appraised at $224,000.

Account Dashboard$65,000.00 PRINCIPAL OUTSTANDING$65,000.00 ACCOUNT VALUE$9,528.35 EARNINGS16 INVESTMENTS12.08% BLENDED ANNUAL INTEREST RATE$7,850.00 EST.

She is a 1099 contractor, and we do not have any outstanding credit against the LLC.

@Robert Seed is an outstanding property manager.  

If the deal truly is outstanding, meaning you could buy and fix for 65% or less of ARV, you should have NO problems finding money.

What is the best online resource to look up the amount of equity (or outstanding loan amount) on a certain property?  

However, you have to be careful of the senior lien holder asking for unpaid principle+interest+penalty fees; sometimes this can be far higher than the face value of the outstanding principal balance.

There is a 12M funding coming in w/ new equity partners in 2 months which pays off all outstanding debt.