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Updated over 2 years ago,
HELOC Restrictions on Properties in a Land Trust?
I'm looking to put one of my rental properties into a Land Trust, but just heard there are some sort of restrictions on tapping the home's equity (e.g. HELOC) if it is in a trust. Anyone have experience with this? Do I need to take out a HELOC on the property BEFORE deeding it into the trust? TIA!