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Updated about 7 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Sarah Manshel
  • Professional
  • Trinidad, CO
1
Votes |
7
Posts

Equity Loans on Investment Properties?

Sarah Manshel
  • Professional
  • Trinidad, CO
Posted

Howdy ~ I've been trying to figure out the best way to access and use the equity from my investment property....I owe $170k and it's assessed at $375k. It's far away from me, so my local bank doesn't want to do it. 

The typical internet search results are frustratingly random regarding the topic.

Are there lenders that even do this now? Or was this just a pre-2008 thing? 

Any advice is appreciated.....Thanks!

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