Equity Can You Get An Equity Line On A Home You Just Bought Using Another Equity Line And Cash Combined?

Can you get an equity line on a home you just bought using another equity line and cash combined? - equity

I just bought a house for 65,000, by a number of shares and cash. 40,000 in cash and 25,000 shares. After fixing it is worth about 90,000. Since I do not have a mortgage on the house, I get a line of equity immediately after you move and live in it? If so, how will I receive? The other house I the equity line is our rental property.