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A Wave of Zoning Law Changes Could Have Huge Impacts for Investors and Housing—Here’s What You Need to Know
The U.S. is facing a housing deficit of about 3.2 million units, and the situation is especially dire in urban areas like New York. It’s one of the reasons prospective homebuyers are finding […]
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Private Lending & Conventional Mortgage Advice
HomeForumsPrivate Lending & Conventional Mortgage AdviceEquity loan on rental property
Trevor Rutherford's profile image
Trevor Rutherford's profile image
Trevor Rutherford
  • Wholesaler
  • from Dayton, Ohio
  • Member since Oct 21, 2013
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Trevor Rutherford's profile image
Trevor Rutherford's profile image
Trevor Rutherford
  • Wholesaler
  • from Dayton, Ohio
  • Member since Oct 21, 2013
Connect
Trevor Rutherford
  • Wholesaler
  • Dayton, OH
16
Votes |
170
Posts
Private Lending & Conventional Mortgage Advice

Equity loan on rental property

Trevor Rutherford
  • Wholesaler
  • Dayton, OH
Posted Jan 12 2018, 10:10

Was recently turned down for an equity  loan on a rental property by Wells Fargo.  The property is free and clear and cash flowing.   I do have ccard debt and that my be the reason.  Looking for sources for down payment money so I can move forward.  Any suggestions would be greatly appreciated.  

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