Banks writing HELOCs against investment properties? Anyone know? I want to prepare for the coming credit crunch.

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You may be able to get one from a local
Credit union, but the big banks won’t touch it.

I looked into it back in q2 2022, but decided against it.

I called 3 by me, 2 of the 3 were doing them. Rates were starting to climb, and I didn’t actually need the money right away, was just looking into options.

If you do start looking, I'd be curious to hear if it matters what you're using the funds for. Like will they allow HELOC against an investment property only if the funds are being put into the investment property versus being used to fix up primary residence or as down payment for another investment.

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