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Updated almost 10 years ago,
Equity Sharing for purchase of an owner occupied SFR
So I am in the process of purchasing my first home.
I came across some information online that decribes the method of "equity sharing". Basically, having an investor cover the downpayment on the home you want to buy in exchange the investor gets an agreed upon percentage of the home's equity.
Is this a good idea? Anyone have experience in this?.