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Updated about 1 month ago on . Most recent reply

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7
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3
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Saravanan Raju
3
Votes |
7
Posts

Cash out Investment Home

Saravanan Raju
Posted

I have an investment property (knocked down and) newly constructed and put on sale in Edison,NJ clear of any mortgages or liens. Have got a Temporary CO too. Property values above a million. Instead of waiting for the sale to complete I would like to cash out about 400K. Can't go for conventional refinance loan since my credit card utilization is high. 

Is Bridge Loan the only option?

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