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    rmendez's Avatar
    rmendez Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jul 28, 2007, 09:14 PM
    Home equity loan
    Can I get a home equity loan on a rental property I own? I live in Texas
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Jul 30, 2007, 03:39 AM
    Hello r:

    I don't see why you can't. However, I'm a litle short right now.

    excon
    6xy5126's Avatar
    6xy5126 Posts: 3, Reputation: 1
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    #3

    Dec 25, 2007, 12:15 PM
    Quote Originally Posted by excon
    Hello r:

    I don't see why you can't. However, I'm a litle short right now.

    excon
    My tax preparer told me, if I use the money for personal, I cannot write-off the interest on the loan. Is there another way I can benefit from my rental equity? Help... desperate
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