Comments on: Home Equity Line of Credits Frozen By Morgan Stanley http://www.thereibrain.com/realestate-blog/2008/08/home-equity-line-of-credits-frozen-by-morgan-stanley/#utm_source=feed&utm_medium=feed&utm_campaign=feed Real Investing for Real Life! Mon, 26 Dec 2011 23:24:34 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: reibrain http://www.thereibrain.com/realestate-blog/2008/08/home-equity-line-of-credits-frozen-by-morgan-stanley/comment-page-1/#comment-24693 reibrain Thu, 07 Aug 2008 19:31:46 +0000 http://www.thereibrain.com/realestate-blog/home-equity-line-of-credits-frozen-by-morgan-stanley/191/#comment-24693 Hey Kathleen, Yep... that's a definite possibility... kinda scary huh? I can definitely see why Morgan Stanley is taking this stance, they can only drown so much before you have to start fighting to stay afloat. Anyhow, this shows the importance of why investors need to find private money lenders and get lines of credit away from their home equity lines. Quick reminder, later this month (on the 21st) we're having a 100% full content no product pitch at all webinar on how to find private money lenders, how to structure the deals, etc. Just join our newsletter (the box in the upper right) and I'll let you know the call in details. Thanks for the comment! Cheers, - Trevor Hey Kathleen,

Yep… that’s a definite possibility… kinda scary huh?

I can definitely see why Morgan Stanley is taking this stance, they can only drown so much before you have to start fighting to stay afloat.

Anyhow, this shows the importance of why investors need to find private money lenders and get lines of credit away from their home equity lines. Quick reminder, later this month (on the 21st) we’re having a 100% full content no product pitch at all webinar on how to find private money lenders, how to structure the deals, etc. Just join our newsletter (the box in the upper right) and I’ll let you know the call in details.

Thanks for the comment!

Cheers,

- Trevor

]]> By: Kathleen Couch http://www.thereibrain.com/realestate-blog/2008/08/home-equity-line-of-credits-frozen-by-morgan-stanley/comment-page-1/#comment-24676 Kathleen Couch Thu, 07 Aug 2008 02:45:05 +0000 http://www.thereibrain.com/realestate-blog/home-equity-line-of-credits-frozen-by-morgan-stanley/191/#comment-24676 So, it seems that if you have a home equity loan (line of credit) that you are using for RE investing, when you get cashed out on that money, it would not be wise to pay it back to the bank. They could turn around and close the account. This would affect my RE investing big time. So, it seems that if you have a home equity loan (line of credit) that you are using for RE investing, when you get cashed out on that money, it would not be wise to pay it back to the bank. They could turn around and close the account. This would affect my RE investing big time.

]]>