I have client who has a mortgage that he wasn't paid in 5 months. He was 15000$ in equity. He may be behind 7k. I'm thinking of helping him out. Either a small loan to make him current. Or buy the property and rent it back to him. Maybe make him get some room mates. I'm not trying to take advantage, actually help his get ln his feet. The house will be worth much more if he can hold. Any suggestions ? submitted by /u/adidasbdd [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j6c6ym/creative_financing/
Thinking of renting an apartment while I try to sell my house. This means I would move out of the home I’m currently living in, lease an apartment elsewhere while I try to sell it - leaving open availability to showings. I should be able to afford both but what happens if I suddenly can no longer afford both and prioritize my rent over my mortgage - could I short sell? I’m in a really difficult situation and need to move hours closer to my mother. submitted by /u/ariesguy96 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1j6at2o/can_i_rent_an_apartment_while_i_try_to_sell_my/