Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 7 years ago on . Most recent reply

User Stats

545
Posts
250
Votes
Jameson Sullivan
  • Real Estate Broker
  • Tacoma, WA
250
Votes |
545
Posts

accessing equity without a loan?

Jameson Sullivan
  • Real Estate Broker
  • Tacoma, WA
Posted
so I've got about 125k of equity in my home and was planning on refinancing to capture that equity for my next project but no-one will loan because my employment isn't "permanent". It's a long term job that i will leave long before the work is over but nonetheless everyone tells me how bad they wanna help then blames fannie/Freddie for not being able to do it... so, is there anyway of accessing those funds other wise? I have a potential flip project in the pipeline and cold really use the money. Are there hard money lenders that will lend against the equity in the home if I'm not actually able to bring cash to the table? anything helps! best regards, Jameson

Most Popular Reply

User Stats

2,367
Posts
746
Votes
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
746
Votes |
2,367
Posts
Harjeet Bhatti
  • Lender
  • Glenview IL- CDLP NMLS#230554
Replied

If there is history of 2 years and VOE will have written proof of continuity that shouldn't be problem. 

  • Harjeet Bhatti
  • Loading replies...