can you get a 2nd on your home if you have no equity in your home alreay have a 1st?

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can you get a 2nd on your home if you have no equity in your home alreay have a 1st?

2006-10-30 03:56:53 · 3 answers · asked by Denise D 1 in Business & Finance ➔ Renting & Real Estate

3 answers

yes you can......my father in law is on his 3rd,he had to after his wife left him holding the bag.

2006-10-30 03:59:29 · answer #1 · answered by anyways_fukitol 3 · 0⤊ 0⤋

yes you can but you just have to find the right place. anyone can assume a mortage if it is an assumable one or find one where the vendor takes back the mortage. there are lots of ways to do it you just have to sometimes be creative and look where others have not. and also be able to afford it

2006-10-30 12:03:05 · answer #2 · answered by Anonymous · 0⤊ 0⤋

Depends on if there is truly no equity

2006-10-30 12:32:52 · answer #3 · answered by shaundy1714 2 · 0⤊ 0⤋