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Updated about 15 hours ago on . Most recent reply

User Stats

80
Posts
49
Votes
Christopher Sparacino
  • New to Real Estate
  • Sarasota, FL
49
Votes |
80
Posts

Lending options for a househack in Sarasota

Christopher Sparacino
  • New to Real Estate
  • Sarasota, FL
Posted

Hi,

So I work full time, enough to get pre approved,

I found a friend / funding partner who's willing to lend me $50k to fund the down payment of the househack in exchange for part of the deal, 

I used Zillow home loans but they said they normally don't process loans in this way 

has anyone used a funding partner to buy a househack?

if so how did it work out? What loan options did you use? 

Also any tips on structuring the deal? (Equity split, co-signing, etc) 

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