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Updated almost 10 years ago on . Most recent reply

Equity Loan on Rental House?? We own Free and Clear
So, I found out the other day in the state of Texas to Take out an Equity Loan on a rental property. It has to be a commercial Loan this is are second house. We do own the rental House free and clear with title/deed maybe I just super new to investing but I never heard of this? If so what are my options and what Mortgage co. will loan money out?
Thanks