Updated almost 9 years ago on . Most recent reply
Quitclaim deeds help
Hi everyone, my Dad and I are trying to start investing in real state I have bad credit and will not qualify for any loans, my Dad has already paid off our home but he has a disability and will not qualify for any loans even if he uses the house as collateral; can I use a quitclaim deed to transfer ownership onto my name, and if so, can I apply for a home equity loan right away to buy another property once I acquire ownership?
Most Popular Reply
@Juan Casanova First off, great name. Second, why would your dad's disability prevent him from getting a loan?