Creative ways between purchase price and conventional loan limit

[Ryan Cleary]

Let’s start with the math.

Purchase price: $760,000

Conventional loan limit for area: 647,000

I was looking to put down 5% of purchase price: 38,000

This leaves me with a discrepancy of $75,000.

This will be a house hack with incredible upside potential and appreciation.

I know I can ask the seller if they would hold a note on that $75,000 but I would say that most sellers on the mls are probably not open to that. What could be some other options?

This property fits and exceeds all my check boxes and I know it’s worth going through the trouble.

Thanks!