I was able to partner with my parents to secure funding for the down payment via their HELOC.

I was able to partner with my parents to secure funding for the down payment via their HELOC.

BTW, I have a great agent, an 800+ credit score, a high paying tech job, no debt besides my mortgage, a home that's difficult to get a HELOC on because appraisers can't figure out what it's worth (I live in the country in a very unique mid century home), but only a small amount of cash.

In addition, I am looking for a HELOC or home equity loan.

just looking for best way to leverage for new house HELOC (10 years interest only payments) or a new mortgage on current rental- house smaller worth about 66% of house I looking at and don't want to sell current rental as tenant has been great and older house is situation in middle of 6 lots tear down and put up 3 houses eventually 

I would like to do it anyway and I do have the funds (fully funded HELOC & cash).

Using a second mortgage or a Home Equity Line of Credit (HELOC) on your single-family home can provide the needed funds for the down payment while preserving your liquid assets.

It really makes sense to me to hold onto the duplex or condos if you decided to split them for the long term and keep your focus on scaling with your HELOC and $15k saved, but again I am not sure what returns you are seeing if you do a 1031.

Hi everyone, I'm looking for a bank that does HELOC's on investment properties.

Not familiar with it, but as with most HELOCs, the analysis would come down to the cost of capital vs the ROI you think you can get on spending your home equity.