Home Equity Loan

have bad credit need loan for real estate investments have home equity looking to buy home to flip or apts.?

Public Comments

1. Yes, you can get a loan. Have seen lots of people asking info on bad credits. Well, if you need to get your<!--problem solved on bad credit, you must know to how to confront it. Many factors can contribute to someone getting a "bad credit" rating, among these are non-payment of an account or late payments over an extended length of time. Of course, Even if you have bad credit, you can get a loan. Take a look on http://badcredits.awardspace.com/homeloans.htm You can easily be labelled as a bad credit risk by financial companies. This can make it more difficult to-->arrange loans or other finance, and usually means you will pay more interest on any loan you take out.
2. If you have equity your credit will only determine your interest rates really. your equity is as good as cash believe it or not! You must work with a company that understands your situation. But for a short answer you could get a home equity loan get the cash not the credit line the credit lines usually comes with an adjustable rate and you dont want that when investing in real estate.
3. Hi first yes you can get a loan on the equity in your home but the problem will be is it enough to purchase another property to flip. Also when you get a loan on your property, the interest rate will be high so you need to make sure that you will make enough profit on the homes you are planning on flipping to pay back the loan on your home. I use the same method as Donald Trump and Warren Buffet and that is use corporations to purchase properties by tapping into the lines of credit available. If you would like more information and joint venture write me bankerbobretired@yahoo.com Have a great day!
4. If you have a poor credit score, it is difficult to get a loan from most banks and financial institutions. Credit is usually available only at a very high interest rate.Only few companies provide loan with poor credit score.Check out link for details. http://l4y.info/
5. May be I Can Help You: Just try: http://www.proloanz.com/Home_Equity_Loans.htm http://www.mortgagerefinancingatlowrate.com/Home-Equity-Loans.asp http://www.topamericanmortgage.com/home-equity-loans.asp http://www.apply4less.com/home_equity_loans.htm These are good links for Equity Loan Problem.
6. You can do it because you have equity. A solution would be to borrow a part of the house from the owner. You'll need a big down payment. Good luck !