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Updated over 6 years ago,

Juan Chavez's profile image
Juan Chavez's profile image
Juan Chavez
  • from Corona, CA
  • Member since Aug 3, 2017
Connect

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10
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2
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Juan Chavez's profile image
Juan Chavez's profile image
Juan Chavez
  • from Corona, CA
  • Member since Aug 3, 2017
Connect
Juan Chavez
  • Corona, CA
2
Votes |
10
Posts
General Real Estate Investing

Accessing Equity in MultiFamily

Juan Chavez
  • Corona, CA
Posted

Not sure if this has been asked before, but I have a question about accessing equity. My mother has a multifamily property that has a few hundred thousand dollars of equity. She is trying to invest in additional properties, but currently she only has the rental income and about $2000/month in childcare income. I don't believe a traditional financial institution will qualify her for either a cashout refi or HELOC/home equity loan. is there any other way to access this?

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