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Updated almost 9 years ago on . Most recent reply

User Stats

42
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4
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Stephen Moskowitz
  • Jerusalem, Israel
4
Votes |
42
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Partnering or Crummy loan

Stephen Moskowitz
  • Jerusalem, Israel
Posted

I'm a newbie and wanted to know if this is a no brainer (one way or the other) or it depends.

I live overseas and have a house with a lot of equity in it. To use that equity for the States would be a cash out loan , meaning a crummy rate. Does it make sense to go with a cash out loan or try to partner where I would have to partner with the profits etc as well. Obviously it depends on the rates but just wanted to know if one side or the other was obvious.

Thanks.

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