Wednesday, July 11, 2007

Home Equity Sharing

This is a great way to get into an $$ house without forking over all the $$. Equity sharing is a concept in which you find investors with money to fund part or all of your downpayment. The investor then takes a part of the profit as the house grows in equity. This is profitable for the investor since certain tax write-offs exist and she can gain footing into an expensive market (such as CA) without the negative cash-flow that would otherwise ensue.

http://www.homeequityshare.com

1 comment:

Anonymous said...

Great idea Reenu! Have registered and can't wait to test this out to see if this works.

Thank you for sharing!!!

-Melinda