Financing options refer to the different ways a buyer can fund the purchase of a property or ownership share, including mortgages, personal loans, home equity lines, and cash.
Financing fractional real estate can be different from financing a traditional home. Not all lenders are familiar with co-ownership structures, and some conventional mortgage products don't apply to LLC-held properties. Buyers may use cash, a home equity line of credit on their primary residence, a personal loan, or specialized fractional ownership financing. Understanding your options early helps you move quickly when the right property comes along.
GoForth, a luxury co-ownership company, works with buyers to help them understand the financing landscape for 1/4-interest purchases. Because GoForth's price point — typically a fraction of the full home's value — is significantly lower than buying the whole property, many owners find they can purchase with cash or a simple HELOC. GoForth's team can connect buyers with lenders experienced in co-ownership transactions to make the process as smooth as possible.