What can I do to get more (or better) quotes for my loan request ZR-GYLWZXC

I need to obtain a $ 30,000 loan --  I own the property free and clear... is any one making loans?
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November 22 2010 - Indianapolis
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Answers (1)

HELOC's are tough to come by these days, especially on a rental property.  If you're not getting any responses, you should resubmit your request as a cash-out refinance rather than an equity line.  There are some retail lenders offering equity lines (I believe US Bank, Bank of America and Wells Fargo) and most credit unions are still offering them, but I don't know if any will do an equity line on an investment property.  I think cash-out refi is probably your best bet.
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November 29 2010
 
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