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Updated over 8 years ago on . Most recent reply

Joshua Ferrey's profile image
Joshua Ferrey's profile image
Joshua Ferrey
  • Real Estate Investor
  • from San Francisco, California
  • Member since Jul 14, 2016
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User Stats

38
Posts
10
Votes
Joshua Ferrey's profile image
Joshua Ferrey's profile image
Joshua Ferrey
  • Real Estate Investor
  • from San Francisco, California
  • Member since Jul 14, 2016
Connect
Joshua Ferrey
  • Real Estate Investor
  • San Francisco, CA
10
Votes |
38
Posts
General Real Estate Investing

Can I get a HELOC if I just purchased thru seller financing?

Joshua Ferrey
  • Real Estate Investor
  • San Francisco, CA
Posted
Hello BP! So I just purchased a SFR on a seller finance. Escrow closed with no problems and I now hold title. My question was if I could attain an equity line on the newly purchased property if I have no equity in it yet since I did a 3 year interest only with a ballon payment on the backend with no money down. Any help or advice is greatly appreciated. Thanks in advance!!
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