Real Estate Investor · San Francisco, CA · Member since 2016 · 42 posts · 12 votes
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!!