funding using leverage from another property

Posted on: Mon, 03/29/2010 - 19:06

mcunningham

Member

Posts: 24

Joined: 2009-10-24

Points: 95

Offline

funding using leverage from another property

Does anyone know a bank that will fund using leverage from another property we own? Any advice is appreciated?

__________________

by mcunningham
Login to post comments

Posted on: Tue, 03/30/2010 - 19:22 #1

elixbrown

DG Superstar

Posts: 1677

Joined: 2009-05-27

Points: 5483

Offline

You mean using a HELOC????

You mean using a HELOC???? Check with your bank. If you have the equity they'll let you use it

DISCLAIMER: Our DG site is here to provide real estate education, training and social networking without the promise/claims of earnings or return on investment. We don't offer tax, accounting, financial or legal advice. Before doing any real estate transaction, you should consult your own accounting, legal and tax advisors to evaluate the risks, consequences and suitability of that transaction. This site accepts and contains posts from our students, readers and the general public that we do not modify but also do not verify. There are no guarantees implied except where specifically stated.

funding using leverage from another property

Member Login

Main Sections

Student Resources

More DG Resources