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Updated over 1 year ago,

Kyler J Sloan's profile image
Kyler J Sloan's profile image
Kyler J Sloan
  • Investor
  • from Maggie Valley, NC
  • Member since Sep 24, 2020
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User Stats

284
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85
Votes
Kyler J Sloan's profile image
Kyler J Sloan's profile image
Kyler J Sloan
  • Investor
  • from Maggie Valley, NC
  • Member since Sep 24, 2020
Connect
Kyler J Sloan
  • Investor
  • Maggie Valley, NC
85
Votes |
284
Posts
Creative Real Estate Financing

Loan on Remainder of Mortgage

Kyler J Sloan
  • Investor
  • Maggie Valley, NC
Posted

Let's say I want to buy a house worth 650 K but am only eligible for 500 K.

Would it be possible to purchase the place at 500 K and setup a secured loan with a lien on the place to cover the remainder? 

Thanks. 

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