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Updated about 5 years ago,

Michael Orlando's profile image
Michael Orlando's profile image
Michael Orlando
  • Rental Property Investor
  • from NJ
  • Member since Dec 11, 2018
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Michael Orlando's profile image
Michael Orlando's profile image
Michael Orlando
  • Rental Property Investor
  • from NJ
  • Member since Dec 11, 2018
Connect
Michael Orlando
  • Rental Property Investor
  • NJ
0
Votes |
10
Posts
Private Lending & Conventional Mortgage Advice

irrevocable trust - heloc/borrow

Michael Orlando
  • Rental Property Investor
  • NJ
Posted

Hello,

Does anyone know if and how one would be able to borrow money from a home that is in an irrevocable trust. The home has about 100k available to borrow...parents live in the home...trust is in the parents, mine and my sisters name. Most banks I have spoken to said they won't let us borrow from a loan in and irrevocable trust. 

Thanks 

Michael 

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