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How Soon Can I Take Out A Home Equity Loan Or Refinance After A Cash Purchase Of A Foreclosure?

Submitted by on Monday, 21 September 2009View Comments
How Soon Can I Take Out A Home Equity Loan Or Refinance After A Cash Purchase Of A Foreclosure?

The legislature is only 10k. So if I pay 10k cash, how fast can I do a home equity loan for that 10k? I necessity to make repairs as it is a foreclosure in poor condition. Can I do a refinance loan and get more than I stable paid for it if it appraises higher than 10k, which it will? Thanks for any serve

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