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Updated about 7 years ago on . Most recent reply

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19
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8
Votes
Joseph Pond
  • Southaven, MS
8
Votes |
19
Posts

Taking out a HELOC on a home after QuitClaim Deed?

Joseph Pond
  • Southaven, MS
Posted

My mom owns a home free and clear that is worth 169K, she is going to sign a quitclaim deed as me as the grantee, with her name also still on the deed until she passes away. Can I take out a HELOC to help with my real estate investing on a house that we will own together? Will there be some sort of waiting period before I can?

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