Multi-Family and Apartment Investing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 5 years ago,
Lending on equity for properties out of state
I currently have about 400k (appraisal value) in equity on my property. I want to use some of that equity to invest in a MF building in Ohio, but I live in Illinois and the banks I'm talking to will only lend on assets that are in their state.
Any ideas or help?