Updated almost 5 years ago on .
is there such thing as private money loan on home equity?
I have a house in California that I'm renting out. It was a primary but had to move out of state for work.
Loan balance is $450K and estimated value of the house is $530K. I don't have the 20% equity to qualify for a HELOC or home equity..
How can I tap into this equity so I can put it as a down payment on another home?