Creative ways to sell my personal residence?

[Justin Milesky]

Afternoon Everyone,

I am a long time reader, lurker, and podcast listener. I have wanted to get involved in real estate in one way or another for a long time now, but have just never jumped in. Now I might be in for a crash course in creative real estate...

We want to sell our house that currently has no equity and we have no cash saved up to pay to get out of the house. My HOA does not allow for the homes to be rented. I was thinking that selling the house subject to existing financing might be an option to get out of the house without having to pay anything. I would also want the buyer to get their own financing in 12-24 months or something like that in order for us to be able to pay the loan off.

Does this make sense? Are there any other options?

Your help is much appreciated.