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Updated over 12 years ago on . Most recent reply

Grant Kemp's profile image
Grant Kemp's profile image
Grant Kemp
  • Investor
  • from Dallas, TX
  • Member since Apr 16, 2012
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User Stats

158
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99
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Grant Kemp's profile image
Grant Kemp's profile image
Grant Kemp
  • Investor
  • from Dallas, TX
  • Member since Apr 16, 2012
Connect
Grant Kemp
  • Investor
  • Dallas, TX
99
Votes |
158
Posts
Buying & Selling Real Estate

home equity loan on owner financing

Grant Kemp
  • Investor
  • Dallas, TX
Posted

I'm not saying I advocate or would do this, but I'm just curious-

Say you've purchased a home with owner financing. Would banks be able to see the lien on this property between you and the prior owner? Or would you then be able to turn around take out a home equity loan on the property, since the loan isn't through a bank and they might see it as free and clear?

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