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Updated almost 8 years ago,

Avi Garg's profile image
Avi Garg's profile image
Avi Garg
  • Rental Property Investor
  • from Concord, CA
  • Member since Mar 30, 2016
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User Stats

499
Posts
219
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Avi Garg's profile image
Avi Garg's profile image
Avi Garg
  • Rental Property Investor
  • from Concord, CA
  • Member since Mar 30, 2016
Connect
Avi Garg
  • Rental Property Investor
  • Concord, CA
219
Votes |
499
Posts
Creative Real Estate Financing

Options - Seller financing - SDIRA leveraged property

Avi Garg
  • Rental Property Investor
  • Concord, CA
Posted

I have a SFH in Houston that I want to sell and when I spoke to the tenant, they are willing to buy it and would like me to do seller financing. I am open to the idea, however the property is leveraged with a non-recourse loan (bought using funds from my SDIRA). I have 50% equity in the house and don't have enough cash in the IRA to pay it off. Tenant does not have the 50% downpayment either.

What are my options? Any help is appreciated. 

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