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Updated almost 4 years ago,

User Stats

7
Posts
2
Votes
Chelsea Ross
2
Votes |
7
Posts

Creative Funding for HouseHack/BRRR

Chelsea Ross
Posted

Hello. I'm in the market for my first house hack deal. My mortgage broker doesn't offer the 203K loan or the HomeStyle loan (offered by Fannie). I'm looking for a creative way to get some immediate equity through forced appreciation. Does anyone have any recommendations for more creative/flexible mortgage lenders? Is it possible to flip something to myself? (ie buy it and renovate it under my LLC with hard money, then purchase with a 30 yr mortgage under my personal name and avoid the seasoning period) I have an excellent credit score but I don't want to leave much money tied up in the deal.

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