I currently own a property in ohio valued per zillow to be around $20000 free and clear. I am looking to purchase another property close by for $20000 but I dont want to use my savings. Do I get a HELOC, personal loan, equity loan or cashout refinance. Also which bank in the ohio will be willing to work with properties not worth over $25000 as from my search a lot of them have minimum limits they will work with. Thanks
Can you get financing from a credit union? Usually they will have different standards than banks.
Tried PenFed but I was told it will take 8 weeks, others dont have anything for the value of my home.