Subject to question - Posted by John-TX

Real Estate Investing
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Posted by Jack on May 12, 2003 at 13:00:50:

You own the house (deed), so you can get a loan. Of course it depends on your credit as well as the CLTV of the loan. You’ll probably be limited to around 80% CLTV for non-owner-occupied. 45K in equity is great for a $90K house. It’s just “air” if it’s for a $230K house.

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Subject to question - Posted by John-TX

Posted by John-TX on May 12, 2003 at 08:41:42:

If I own a house “subject to” with 45k in equity, can I get an equity loan under my name?

Thanks in advance for your responses