Structuring Equity Share for Owner Occupied SFR

[Sofiaan Fraval]

Hi All,

I live and rent in Santa Barbara right now, and looking to buy a house for about $875k-$925k, to own and occupy myself with my family for at least the next 3-5 years.

I'm wondering if any investor would be willing to put down say 15% for a fair equity share of the future sale, or if there's a better way to do it.

I can put down about 15%, and have amazing credit, but the conventional loan limit for Santa Barbara county for a SFR is $625.5K, and I haven't found a jumbo loan lender able to do a higher loan limit due to rental income on my investment property being less than a year in. Plus, I'd really like to avoid PMI if possible.

I figured I'd brainstorm here and see what others might suggest, since there are so many experts and helpful members. Please let me know what you think about an equity share or other approach.

Thanks in advance!

Sof