Non SBA recommendation

by a searcher from University of South Florida

1 year ago

Has anyone had success in using the equity in your personal home as collateral for a loan? I would like to acquire a local, established business. My challenge is that I have no liquidity but sizeable equity in my home.

1 like
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15 comments

searcher from University of Virginia-Darden - Darden School of Business

Thanks Zed for the insights.

5 months ago | like reply | 0 likes

intermediary from Wilmington College

It's common to use the equity in your home to finance other needs but I don't recommend a HELOC in this economy, I always recommend a Equity Share Agreement (ESA) that way your protected if your home loses value. For more details you can reach me at --@----.com

1 year ago | like reply | 0 likes

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