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HomeForumsBuying & Selling Real EstateTaking out a HELOC on a home after QuitClaim Deed?
Joseph Pond's profile image
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Joseph Pond
  • from Southaven, MS
  • Member since Nov 3, 2017
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Joseph Pond's profile image
Joseph Pond's profile image
Joseph Pond
  • from Southaven, MS
  • Member since Nov 3, 2017
Connect
Joseph Pond
  • Southaven, MS
8
Votes |
19
Posts
Buying & Selling Real Estate

Taking out a HELOC on a home after QuitClaim Deed?

Joseph Pond
  • Southaven, MS
Posted Jan 2 2018, 20:27

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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