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Updated over 6 years ago on . Most recent reply

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Account Closed
  • from Keweenaw
  • Member since Aug 2, 2018
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Account Closed's profile image
Account Closed's profile image
Account Closed
  • from Keweenaw
  • Member since Aug 2, 2018
Connect
Account Closed
  • Keweenaw
0
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10
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Creative Real Estate Financing

HELOC on Seller Financed Property

Account Closed
  • Keweenaw
Posted
Hello, I am currently buying a home with seller financing, which is about 75% paid off. Is it possible to obtain a home equity line of credit on a property that is seller financed? I haven’t had an appraisal of any sort, but looking at recent sales in the area, it should be worth a little bit more than I agreed to pay. Thanks!
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