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Updated almost 2 years ago,
Bad Credit - No HELOC
My current situation; I have over $250,000 in equity and can't get access to it because of bad credit. Attempted HELOC but NO GO... I don't want to sell..
Want to invest with the cash and rent my property that would generate passive income of $1,000! Is it too late to put the house under a business in order to obtain a HELOC and if so, how would I go about that process?
Help, I'm open to creative financing... Any thoughts?