All Forum Posts by: Annie Driscoll

Hello BP,

My wife and I are looking for some advice on an All Inclusive Trust Deed to sell our house.

We bought a mansion up on the bench as kind of a live-in flip in 2021 and are finally as done as we are gonna get with it. However, prices on $1M homes haven't really appreciated all that much and we are looking to move to something much smaller near where our kids go to school. 

We think we can break even with a conventional sale but have no idea. We might have an offer as an AITD but also want to know if we should even consider an offer like this. It seems that there is some risk associated even if it cash flows because our names will still be on the mortgage and affecting our DTI ratio. I figure if the equity we have cash flows better than similar equity in a single family residence in Utah would, then we should consider this AITD as a serious option. Do you agree?

Are there any resources that help explain what type of terms we should ask for?

Happy to post more details on the financials but for starters we owe 1060000 on a 2.25% VA loan. 

Thank you!

max