Non-investor looking for creative finance

Non-investor looking for creative finance

Member since 2023 · 3 posts · 0 votes

I'm looking to sell my house and using the equity to pay cash for another house for primary residence. I'm coming up a little bit short to get into the type of house I'm looking for so I'm looking for someone to come in with an equity share or possibly a short term, very low LTV first mtg to cover the difference. I have 220-260K in equity and am looking in the 250-300K range. Is this something an investor or private lender might be interested in?

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  • Marci MayesPro Member
    Real Estate Agent · Willis, TX · Member since 2019 · 71 posts · 37 votes
    3y

    The seller may consider financing the difference for you. 

  • Member since 2023 · 3 posts · 0 votes
    3y

    Thanks for the feedback. I think that's unlikely in today's market.

  • Member since 2023 · 5 posts · 0 votes
    3y

    Hi Mike, in what state is the property located? Texas?

  • Member since 2023 · 3 posts · 0 votes
    3y
    Quote from @Sarah Attalla:

    Hi Mike, in what state is the property located? Texas?


     It's in Florida

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