Quote:
Originally Posted by bizaro86
Is the HELOC secured by the rental or by some other piece of real estate, like your personal residence?
If the HELOC is secured by your rental, to lawyer will have to pay of the HELOC from the proceeds of sale before you get your money. On the other hand, if the HELOC is secured by some other property, it isn't affected, and you can spend the proceeds of your sale on any bacchanalia you want.
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Anyone know the name of a good bordello?
It's secured by my main residence.
TO VEGAS!