Updated almost 9 years ago on . Most recent reply
Tenants in Common and a Home Equity Line of Credit
I recently inherited a property as a "Tenant in Common". I am one of 5 co-owners. I would like to leverage my share to use as capital for my real estate investment company. The other co-owner's are unwilling to be guarantor's on any Home Equity Loan or Line of Credit that I try and take out. Is it possible for me to take out a Home Equity Loan or Line of Credit on just my portion without having the other co-owner's as guarantors?