My brother and I need cash for a business venture and would like to take a loan out against an residential investment property that we co-own free and clear. Is our only option a Home Equity Loan? Ideally we would like to take advantage of the lower rates of a standard mortgage.
Posts Tagged ‘Off’
Paid Off Investment Home. Can I Take A 1st Mortgage On That Property Or Must I Go With A Home Equity Loan?
Tuesday, May 19th, 2009Can I Pay Off A Home Equity Loan With My Credit Card ( Lower Interest Rates!)+ How Do I Do It?
Friday, May 1st, 2009I have an offer from a credit card co with a low interest rate, 2% lower than my home equity loan interest. I would love to get rid of the horrible 8.75% home loan interest on $12,000. What to do?
