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Updated over 7 years ago,

Loren Thomas's profile image
Loren Thomas's profile image
Loren Thomas
  • Electrician
  • from Bothell, Wa
  • Member since Sep 18, 2014
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User Stats

241
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96
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Loren Thomas's profile image
Loren Thomas's profile image
Loren Thomas
  • Electrician
  • from Bothell, Wa
  • Member since Sep 18, 2014
Connect
Loren Thomas
  • Electrician
  • Bothell, Wa
96
Votes |
241
Posts
Private Lending & Conventional Mortgage Advice

2nd mortgage or HELOC on a seller financed house?

Loren Thomas
  • Electrician
  • Bothell, Wa
Posted

I have a unique-ish situation and I am wondering if I have any options. We want to pull about 40k out of our house... somehow? We have a ch7 discharge from 6/22/16. We owe about 290k, current value via redfin is 432k, via zillow 387k. Does the fact that it the first position is a private mortgage affect anything?

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