Appreciation and mortgage paydown on multiple doors at once are how you build wealth.

The types of creative financing options I was looking into were a lease option/lease-purchase agreement, loan assumption, wrap-around mortgage, and subject to financing.I guess my question is...

I am at my wits end.I have a private mortgage through the seller that I planned to refinance.

About 2 years into lending I had so many investors I needed to formalize the business and formed my first “fund”, whereby the investor were limited partners in a portfolio of hard money mortgage loans.  

Then my credit union (BECU) whom I bank with but don't hold the mortgage with offered me one with no automatic withdrawal requirements.

With 20% down, mortgage, HOA, etc would be sitting right around $2500-2700/month range.

WA house selling value could be from 1.0 -1.3 mill but there’s still around $260k mortgage left on it.

However mine were not existing residential use. 

Purchase price: $61,000 Cash invested: $3,500 Inherited home from Dad with a $60K balance on the original mortgage.

They lowered the price a couple times and then I offered another 6.9% below that and we have a deal.I suspect they have a mortgage at 3.6% based on when they last got financing and I REALLY would love that rate, so much that I'm open to re-doing the deal much closer to their most recent listing price if I can get the house subject-to the existing mortgage and give them cash for the difference.