Do you have to live in the home that you own in order to get a home equity loan?

NO, you can get loans against investment or rental properties you own.

Home Equity Loan's (HELOC's), are primarily for owner occupied properties.. there might be an investor out there that might do it, but good luck finding that lender.. .However, you can do a cash out refinance.. You would be capped at 75% LTV or lower, but there is financing available.. let me know if I can help.. . I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / LendUS, NMLS 1938/ AZMB0121893