It's difficult answering this based on the information you gave.

I would base your purchase on what you can show and prove, not on what someone tells you.

You can do a HELOC to pull from your equity or cash out refinance at 70-75% LTV based on the new appraised value.

However, there are a few out there, Union Bank (based in CA) being one of them. 

@Jonas DeVita - I'm laughing because I did a search based on your recommendation and was able to cobble together six pieces of contact information from six different websites about your guy in Garwood. 

They use a formula to figure out my monthly premium, based on the properties you own as of the first of the month.

Because your principle and interest payment is probably hovering around $2,800/month, not including property taxes and insurance, maintenance and any allowance for capex.But forgetting about cashflow, your return, even if had NO expenses or payments of any kind would be around 3.6% based on a valuation of $1.3m.  

BP podcasts are a gold mine of information.Although my company is based outside of LA, we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S. 

The BP podcasts are a gold mine of information.My company is not based in LA, but we are both buyers and private lenders on lower $ ARV SFR properties throughout the U.S. 

BP podcasts are a gold mine of information.We have a base of operation in Wheaton IL and CA.