Updated about 6 years ago on . Most recent reply
Seller financing question
If I get a home through seller financing can I get the deed free and clear in order to get q HELOC to access the equity to finish the buy?
I.E.
Jon buys a house from Kate using seller financing Kate wants $50,000. Kate's house is 100% paid off free and clear of liens. Jon agrees to give her $10,000 and does seller financing for the remainder $40,000. Can Jon afterwards (while still paying the 40,000) get the deed in his name free and clear of liens and go to a bank and get a Heloc and pay Kate with the HELOC to complete the deal with Kate?
Most Popular Reply
@Travis Smith-Armwood
It's going to depend on the lender.



