Ways to get equity out of my home.
I live/own a mobile home appraised at $255k and I owe nothing on it, Iv tried multiple ways to pull out the equity and had no luck. Any advice or help would be much appreciated. Okeechobee FL
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Henry Clark
#2 Commercial Real Estate Investing Contributor
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Henry Clark
#2 Commercial Real Estate Investing Contributor
Pro Member
#2 Commercial Real Estate Investing Contributor
- Developer
Talk with your local bank. Don’t take cash out. Ask them for a working line of credit you will convert to a long term loan against your next investment. Keep sticking with them as you scale. That way you can cross collateralize against your assets and their loan balances.