Mortgage Blog

How to get the cash-out from the REO property you just purchased with cash?
August 19th, 2009 5:16 PM
One easy way is to get the HELOC from the bank, and refinance the property 6 month later. It's doable for primary house. For rental property, there is a limit for the HELOC line. Check with the banks or credit unions when you do need the cash-out.

Posted in:General
Posted by Eric Fang on August 19th, 2009 5:16 PMPost a Comment

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