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Updated over 1 year ago on . Most recent reply

User Stats

34
Posts
21
Votes
Samantha Springs
  • Investor
  • Los Angeles, CA
21
Votes |
34
Posts

Creative Financing for Primary Residence in Los Angeles

Samantha Springs
  • Investor
  • Los Angeles, CA
Posted

Does anyone have experience successfully closing a deal using seller financing or subject-to in Los Angeles? I am looking to get into a new primary residence, but with interest rates what they are and in this market, I feel like creative financing is the only option. I've read Pace's book and consumed other content on the topic, but the examples always seem to be in much more affordable markets.

Any tips/advice/recommendations for title companies/attorneys that specialize in this area?


Thanks!

Most Popular Reply

User Stats

34
Posts
21
Votes
Samantha Springs
  • Investor
  • Los Angeles, CA
21
Votes |
34
Posts
Samantha Springs
  • Investor
  • Los Angeles, CA
Replied
Quote from @Andrew Postell:

@Samantha Springs has a lender told you that you couldn't qualify for traditional financing?  If so, what's the main issue holding you back with it?


 I qualify, just not for enough to get in at LA prices, given the interest rates. I could buy 3 houses in Ohio with what I qualify for :).

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