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Updated about 6 years ago on . Most recent reply

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11
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2
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Hugo Navarro
2
Votes |
11
Posts

Is there a way to borrow from a house to purchase another?

Hugo Navarro
Posted

I own free and clear a rental property, but I’ve tried getting an equity loan to purchase another, but bank has said i can’t unless it’s my primary home... is there a certain person or way to pull a loan for another investment property? I don’t want to pull all out of just enough for a down payment and have enough to fix enough to rent. I really don’t want to go thru any hard money lenders or private...is there another way to go about it with low rates...

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