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Updated about 2 years ago on . Most recent reply

Douglas Harris's profile image
Douglas Harris's profile image
Douglas Harris
  • Rental Property Investor
  • from Washington DC
  • Member since Sep 13, 2017
  • Posts 58
  • Votes 18
  • Experience 9 Yrs
  • Investments 5

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58
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Douglas Harris's profile image
Douglas Harris's profile image
Douglas Harris
  • Rental Property Investor
  • from Washington DC
  • Member since Sep 13, 2017
  • Posts 58
  • Votes 18
  • Experience 9 Yrs
  • Investments 5
Douglas Harris
  • Rental Property Investor
  • Washington DC
18
Votes |
58
Posts
Creative Real Estate Financing

HELOC on owner financing

Douglas Harris
  • Rental Property Investor
  • Washington DC
Posted

BP family, 

I just purchased a home through seller financing. I have a great amount of equity in this deal. I want to do a HELOC on this investment property; however I am not sure if this is possible. Has anyone done a HELOC for a home that was owner financed?

Thanks in advance for your replies!

Doug

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Ned Carey's profile image
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Ned Carey

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Ned Carey's profile image
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Ned Carey
Ned Carey
  • Investor
  • Baltimore, MD
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Ned Carey
  • Investor
  • Baltimore, MD
ModeratorReplied

I wouldn't use the term HELOC. I would say I want a buiness line of credit secured by real estate.

  • Ned Carey
    • 6 Votes
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