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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceLoan on a cash purchase other than a Refi?
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Buffalo, New York
  • Member since May 5, 2013
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • Investor
  • from Buffalo, New York
  • Member since May 5, 2013
Connect
Account Closed
  • Investor
  • Buffalo, NY
15
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100
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Private Lending & Conventional Mortgage Advice

Loan on a cash purchase other than a Refi?

Account Closed
  • Investor
  • Buffalo, NY
Posted Jul 15 2014, 16:33

Looking through some of the past posts on this question mine would be is there another way besides refinancing a cash buy? Lets just say a cash buy of 55K, home has a FMV of 95K and a tax appraisal of 118K. I would like to take a loan out for about 30-35K would a home equity line be the way to go besides refinancing?

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