Hello! My wife and I have the opportunity to purchase a piece of property through probate from a family member who passed away. The purchase price would roughly be 80% of the current tax appraised value, which is well below the market value for this…
If I take out a HELOC for the sole purpose of tying up my home equity before applying for a SBA loan, and never use the HELOC, what situations would create the possibility of losing my home? Will I need to pay interest on the unused HELOC?…
