Mortgage Blog

How to get the cash-out from the REO property you just purchased with cash?

August 19th, 2009 5:16 PM by Eric Fang

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 PM



My Favorite Blogs:

Sites That Link to This Blog:

1288 Kifer Road Suite 208
Sunnyvale, CA 94086