Updated over 7 years ago on . Most recent reply
Accessing Equity in MultiFamily
Not sure if this has been asked before, but I have a question about accessing equity. My mother has a multifamily property that has a few hundred thousand dollars of equity. She is trying to invest in additional properties, but currently she only has the rental income and about $2000/month in childcare income. I don't believe a traditional financial institution will qualify her for either a cashout refi or HELOC/home equity loan. is there any other way to access this?