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Updated 9 months ago on . Most recent reply

User Stats

58
Posts
12
Votes
Andrew Casal
  • Homeowner
  • Pawtucket, RI
12
Votes |
58
Posts

HELOCs and Seller Financing

Andrew Casal
  • Homeowner
  • Pawtucket, RI
Posted

Got an odd question and believe I know the answer but am looking to confirm.

If I bought a property with seller financing, when the note is created the bank would still see the loan under the title correct? It would not appear to the bank that there is no debt on the property correct?

I'm working on locking up a property with seller financing and was wondering if I would be able to get a HELOC right off the bat.

  • Andrew Casal
  • Loading replies...