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Updated about 12 years ago on . Most recent reply

Jon W.'s profile image
Jon W.'s profile image
Jon W.
  • Flip and Buy/Hold Investor
  • from Rochester Hills, MI
  • Member since Feb 4, 2013
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245
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Jon W.'s profile image
Jon W.'s profile image
Jon W.
  • Flip and Buy/Hold Investor
  • from Rochester Hills, MI
  • Member since Feb 4, 2013
Connect
Jon W.
  • Flip and Buy/Hold Investor
  • Rochester Hills, MI
105
Votes |
245
Posts
Commercial Real Estate Investing

equity line of credit on property without income?

Jon W.
  • Flip and Buy/Hold Investor
  • Rochester Hills, MI
Posted

A family member owns free and clear a commercial property that other family uses so he does not generate any income (property was inherited). Can he take an equity line of credit out against it?

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