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Updated about 8 years ago on . Most recent reply
I am a new member that is having problems
Hello everyone I am a new member. I brought a home 3 years ago as a rent to own. I have been on the deed for a year now. The person I brought the house from is the lien holder. He owns the property free and clear. I just make payments to him. Is there a way, where I can get money out the house?
Value: 120,000
Owes Owner: 78,000
What should I do? Any answers will help thanks.
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Jay Hinrichs
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Jay Hinrichs
#1 All Forums Contributor
Professional Services
#1 All Forums Contributor
- Lender
- Lake Oswego OR Summerlin, NV
you might be able to get a heloc as well as long as the 1st position Deed to secure debt does not have a no junior loan provision in it...
- Jay Hinrichs
- Podcast Guest on Show #222
JLH Capital Partners