You can probably get a HELOC from a credit union without an appraisal. 

I have found the best deals at credit unions.  

Or will it differ if you are applying through big banks versus local/small credit unions?

Hello, I recently moved to the Charleston area and am looking to open up an account with a local credit union, does anyone have any recommendations for RE friendly credit unions in the area?

Have your paycheck direct deposited into a local bank or credit union.

BECU is another popular credit union here but they are pretty conservative with their underwriting.

If they can easily make life 10x easier, and are willing to do it, then don't try to swim upstream and fight the current just to prove how independent you are.You may be able to find a local credit union or something that is willing to overlook the 2yr income rule, but honestly if the parents are willing to co-sign, then just do that.

A local credit union may have a product specific to your market that may work for what you are trying to do.  

I haven't had any luck with finding a lender that offers HELOCs on investment properties but I was told by another investor that credit unions are offering it.

Hello All!I have read there are certain banks that will lend on an investment property with only 10% down instead of 20%-30%.Any thoughts?  Any recommendations? Thanks!