Posted by Patrick S. Lawson on October 05, 2005 at 08:23:26:
Not likely. Even with bad credit most lenders will allow you to cash a property out to 75 or 80%.
Refi as a corp with sub2 property? - Posted by Guy
Posted by Guy on October 04, 2005 at 22:10:12:
My credit has tanked over the past few months and was wondering if I can create a corp, deed a sub2 property of mine to the corp, then refinance with fresh business credit to pull 80% out of the property.
I’m in MA
Guy