How to tap the equity in a house thats inside a revocable trust?

Question

How to tap the equity of a house inside a trust? I would prefer to tap the equity, rather than just sell the property. Do anyone have experience with this?

River Sava · Answer

Hi Mario,

Very common method. Sounds like a cash out refinance would be a great option. I have linked a BiggerPockets article that goes over this method highl level. Sending a dm as well to connect!

https://www.biggerpockets.com/blog/brrrr-loans-what-are-the-...

Erik Estrada · Answer

Is this an investment property or primary residence? You may finance this using a DSCR loan if this is your investment property. There are only a handful of lenders that allow it and they may need to see the full trust or just the certificate of trust. You must have at least 21% ownership in the trust if you want to be the primary guarantor.

Ko Kashiwagi · Answer

Is this a rental? There are DSCR programs out there for revocable trust.

How to tap the equity in a house thats inside a revocable trust?

How to tap the equity in a house thats inside a revocable trust?

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