Updated about 6 years ago on . Most recent reply
Loan Option for Estate Inherited Property
So I have a bit different of a situation. I have a home that I am to inherit, I plan to keep but currently has a small tax issue being resolved. Once that is resolved and it will be, the property will be mine. I am the sole heir, administrator, etc. While I wait, I want to proceed with the rehab. My intention is to move there but whether I sold or moved there, I would rehab myself at some point, I just want to speed the process....Is there any possible creative way to finance a Rehab for a property within the estate process. There is no current loan on it and has full equity but I would like to access the equity in the home to be rehabbed as opposed to pulling money out of pocket or out of other properties equity. Any suggestions very appreciated??