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Updated over 1 year ago,
1031 or Home equity
I have a vacation home I’m thinking of either doing a 1031 exchange for a slightly bigger unit in sane subdivision or do I take a home equity loan out on my vacation home there’s no mortgage on it to buy a second property?
newbie! No idea if I would qualify for Home equity loan 57 retired husbands with so do not, so getting a loan has been difficult.
We have $$$$ in assets and stock market great credit but no one will give us a home equity loan