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Updated about 5 years ago,

Trey Knight's profile image
Trey Knight's profile image
Trey Knight
  • New to Real Estate
  • from Covington, GA
  • Member since Apr 25, 2019
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User Stats

42
Posts
26
Votes
Trey Knight's profile image
Trey Knight's profile image
Trey Knight
  • New to Real Estate
  • from Covington, GA
  • Member since Apr 25, 2019
Connect
Trey Knight
  • New to Real Estate
  • Covington, GA
26
Votes |
42
Posts
General Landlording & Rental Properties

HELOC on Owner Finance??

Trey Knight
  • New to Real Estate
  • Covington, GA
Posted

We have a property that is owner financed. We own the house, original owner owns the note. 3.5% on 15 yr no MIP. I would like to keep the existing loan and not refi. I've reached out to a couple of banks about doing a HELOC and they don't seem to think its possible on an Owner finance. Anyone have any experience here or can recommend a lender?

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