Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Private Lending & Conventional Mortgage Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 7 years ago on . Most recent reply

User Stats

21
Posts
1
Votes
James Petry
  • Girard, OH
1
Votes |
21
Posts

Need advice on home equity loan problem that’s not a problem

James Petry
  • Girard, OH
Posted

Hello all:)

I recently applied for a home equity loan on a property that I've had rented for 3 years now and on paper own it free and clear( personal loan unsecured ) I was told by the bank that the property could not b in my LLC for the loan . So I quit claimed it to my name and now they say I have to wait 6 months since it just changed ownership on paper ...... any thoughts ?

Loading replies...