Posted on: 07th Nov, 2010 08:26 am
I'm interested in putting several properties under one loan but at the same time taking from $5K-$10K of equity from each to make further purchases. Total loan amount (including equity removed) would not exceed $450K.
Hi muchattitude,
You should contact the local lenders of your area and check out whether or not they can help you with such a blanket mortgage with a cash out equity on all the properties. You can also speak to the lenders of this community and seek a no obligation free mortgage quote from the lenders of this community and check out whether or not you can get such a loan.
You should contact the local lenders of your area and check out whether or not they can help you with such a blanket mortgage with a cash out equity on all the properties. You can also speak to the lenders of this community and seek a no obligation free mortgage quote from the lenders of this community and check out whether or not you can get such a loan.