Has anyone found lenders (preferably credit unions or small local banks) that do HELOCs on investment properties, or are okay with a tax return that shows income generated occasionally on a 2nd home?

I see fixed rate HELOCS but seem to max out at 20 years?

If the kitchen needs an upgrade or the bathrooms, or flooring then you could add value to the house and potentially cash out refinance or get a HELOC based on the new value and use that for more upgrades.

I'm looking to deduct HELOC interest for costs related to making improvements on a primary home that is also used as a rental.

We are closing on a HELOC on our primary home this week.

First step - Take out a HELOC on the equity you have in your primary residence. 

The house is worth $850K with a mortgage balance of $350k and a HELOC of $200K (used). - Can we claim after the sale that we’ve made $850k - $350k - $200k = $300K or does IRS not consider the HELOC in the sale please?

Also, if we do HELOC for $250K, monthly interest will be a lot.

This might mean refinancing or using a HELOC (Home Equity Line of Credit) to access capital for your next investment.

I BRRRR into my next property and the attached HELOC provides me with a great source of flexible capital.