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Updated about 3 years ago,

Tom Chen's profile image
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Tom Chen
  • Member since Nov 7, 2018
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Tom Chen's profile image
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Tom Chen
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Tom Chen
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General Landlording & Rental Properties

Cash out for rental property

Tom Chen
Posted

I have a property in Fort Worth, TX without a loan. I tried to take a loan out in the past and because of the delayed financing rule, I was not allowed according to the lender as I have past the first 6 months period from when the property was purchased. I looked into a HELOC but the interest is only tax deductible for home improvements only. What options are available for me to cash out on a property without a loan?

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