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Updated almost 9 years ago on . Most recent reply
Best way to get Equity out of Rental Property Help Please
I have a great cash-flowing rental property currently that I am grateful for!
Looking to get the equity out for other real estate investments.
Currently I have 12 yrs left on a 15yr 3% Loan.
Looking to get between 140-170k equity out.
Want to keep new mortgage loan (or HELOC) as close to 3% as possible and hopefully for 15 yr term.
Not sure that I will qualify using Tax Returns due to high debt to income/and real estate investments.
Asset backed loans (no income verification) are 5-6%, a little higher than I would like. Can anyone offer some creative ideas or solutions?