Are there any lenders out there giving equity lines on investment properties with 200k of equity?I want to convert the basement of my 2-flat into a garden apartment to help increase my income. The principle that is owed is 450k and it was purchased in 2003 for 575k as is. Both units have been rehabbed completely and from what I have seen, similar units in size but not necessarily the amenities or prefarable location are closing around 650k.August 02 2010 - Park Ridge0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.