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Updated almost 9 years ago on . Most recent reply

Marcella Marquez's profile image
Marcella Marquez's profile image
Marcella Marquez
  • from Dallas, Tx
  • Member since Nov 24, 2015
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Marcella Marquez's profile image
Marcella Marquez's profile image
Marcella Marquez
  • from Dallas, Tx
  • Member since Nov 24, 2015
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Marcella Marquez
  • Dallas, Tx
3
Votes |
16
Posts
General Real Estate Investing

How to take Equity out of a Rental

Marcella Marquez
  • Dallas, Tx
Posted

Hi BP, I am new to REI and need some guidance, has anyone been able to get a loan off of the equity of a rental property, if so i would greatly appreciate any help as to which lender you went through.

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Arianne L.'s profile image
Arianne L.'s profile image
Arianne L.
  • Investor
  • from Fort Walton Beach, FL
  • Member since Mar 14, 2015
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Arianne L.'s profile image
Arianne L.'s profile image
Arianne L.
  • Investor
  • from Fort Walton Beach, FL
  • Member since Mar 14, 2015
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Arianne L.
  • Investor
  • Fort Walton Beach, FL
966
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568
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Arianne L.
  • Investor
  • Fort Walton Beach, FL
Replied

@Marcella Marquez Do you own the property free and clear? How long have you owned it?  @Jerry Padilla with MB Financial is my loan officer and he's amazing!  Delayed financing was 6-8 weeks from initial application to closing. 

  • Arianne L.
  • Podcast Guest on Show #233
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