Updated over 2 years ago on . Most recent reply
Trying to obtain capital for a new investment
Hello bigger pockets world I'm a newbie here. I've owned 3 homes and have been doing slow flips over the years. We currently own one rental property and our current home, We have over a $150,000 in equity in both homes combined but are having issues accessing that money. Our current mortgage for our primary does not offer Home equity loans and we do not want to refinance due to the current rates, So my question Can you get a home equity loan from a bank that doesn't currently hold your mortgage? Any other ideas are appreciated! Also our rental has a VA loan and because it's is no longer our primary we are not able to pull equity without refinance as well... thanks for reading, hope everyone is having a great day!!!