Entrepreneur Seeking Creative Investor Solutions 5br 2.5bath house! 3100sq ft.2.875%

[Henry Pardo]

Hello BiggerPockets community! I’m new here and not a real estate professional—just an entrepreneur navigating some challenges and hoping to connect with property investors who might see an opportunity in my situation.

My main business has hit growth hurdles, creating financial strain that’s forced me to part with my primary home in Pensacola, FL. We’re relocating to a bigger city to reboot the business, and I’d love to turn our loss into an investor’s gain. Here’s the rundown—the good, the bad, and the ugly:

Property Details:

• Location: Pensacola, FL – 15 minutes from downtown.
• Size: 5 bedrooms, 2.5 baths, 3,147 sq ft on a spacious .56-acre corner lot.
• Mortgage: FHA 30-year fixed at 2.875% with PMI; current balance $268K. Zestimate: $365K (range $325K–$405K).
• Utilities: Water ~$40/month. Electric was ~$600/month, now offset by a fixed solar lease at $321/month + $25/month to the electric company (history available).
• Upgrades: Brand-new HVAC system and fairly new appliances throughout.
• The Catch: I took out a HELOC last year to support my business; current balance is $98K.

The Situation:
With the HELOC and mortgage combined, I'm underwater on equity, but the low-interest FHA loan and property upgrades might make this appealing for the right investor. We have to move, so I’m open to flexible options—whether that’s a creative financing deal, a lease-back, or something else entirely. I’m not set on one path and would love to brainstorm ideas that could work for both sides.

If this sparks your interest or you’d like more details send me a message. I’m excited to hear your thoughts—thanks for reading!