I have 3 rental properties in NC that are completely paid off. I need to either get a line of credit or borrow against these prope

A home equity line would not be available at a score that low on a rental property. A first mortgage cash-out would be available. The rate would depend on how far back the bankruptcy was. Feel free to call us or apply online at www.goodmortgage.com.

when was your bk discharged?? have you served or serving in the military? do you have a business? linda at yourloanpartnerforlife@live.com 602 330 1598

What is your credit score, how much are you looking to take out on each property and what is the value of each property? please e-mail me at pete.bass@everbank.com

Conventional financing will allow you to do a cash out refi, up to 75% of it's value, but we would need more info regarding your credit and the BK in order to advise you properly.. With BK's, you have mandatory waiting periods, so it depends on how far in the past it was, and as far as the credit score, most lenders are going to require a 660 or above to do a cash out on investment.. Also, having bad credit after a BK is a big NO, NO!!! so without reviewing your complete profile, it's near impossible for anyone here to advise you properly.. The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. There's no cost to apply, and once they see your complete loan profile, they will be better equipped to advise you properly. Also, by applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with many lenders with each one offering a different type of lending program. This is unlike the local bank which typically only has a few lending programs. The more lenders, the more lending options, and the more likely your scenario will be accepted.. Plus, the broker is experienced in seeking out the best loan terms for your particular scenario, and he has lower overhead which typically results in lower rates and fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com