How can I get to my equity

[Alison Felton]

Hi BP community!   I closed my first investment property, an off market private sale on the house next door, and have about 200k in equity.  My local bank lender tells me that I can't tap into the equity for 12 months, as the sale price is considered the value for that time frame.  I've never heard of this waiting period in the podcasts I've listened to so far.  What other options are there?  Is this normal? I didn't like my loan officers answer that there was nothing I could do.  TIA!