I have bad credit and bought a rundown property and fixed it up over time. I used my own money in financing the purchase of the property and have no mortgage. Is it possible for me to get an home equity loan for this property? its market value is around $120,000 and its assessed value is $50,000. Thanks for any input.
24-Apr-2010
My brother and I need cash for a business venture and would like to take a loan out against an residential investment property that we co-own free and clear. Is our only option a Home Equity Loan? Ideally we would like to take advantage of the lower rates of a standard mortgage.
23-Apr-2010
paid from a home equity loan on my current residence?
I already borrowed the money for the rental property from my primary home.
23-Apr-2010
For instance, if a bank in Japan has 30 year fixed rates at 2.5% could we apply for that loan on a property here in the US?
23-Apr-2010
what could happen to you if you foreclose on a property and have a heloc on the property. it is in arizona, would i owe the money still to the home equity loan company,
22-Apr-2010
When getting a home equity loan does the bank or credit union do an appraisal on your property?
21-Apr-2010
The property is financed through a private party, not a bank or mortgage co. Can you get a home equity loan to fix it up? Or a home improvement loan? even though there is a lien on the property?
20-Apr-2010
My husband and I are thinking of purchasing an investment property by way of using a home equity loan on our first home. Is this a smart thing to do? what are the down sides of it? We don’t have money of our own in the bank to do it, but it seems like a good time to take advantage of the changing real estate market.
20-Apr-2010
I own a home right now where I am still paying PMI. I also have a rental property. I would like to take a home equity loan on the rental property to pay-off some of my mortgage so I will not have to pay PMI to my first home anymore. Will the interest I pay on the home equity loan on my rental property be tax deductible?
08-Apr-2010
To buy a bankowned property, does the house have to be in the market for 90 days for a VA home loan?
