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Updated over 17 years ago on . Most recent reply

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73
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Lee V
  • Stockton
3
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73
Posts

Paying off Hard Money

Lee V
  • Stockton
Posted

Okay, i know we talked alot about Hard money, and how to go about getting out of hard money, but can you get a Heloc or equity line of credit to pay off the HML?

I take it that the HML will be on the title and there will be some sort of record showing that you owe a certain amount to that lender.

Does a bank take into account the money you owe to the HML if you want to get an Heloc off of that property?

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