Buying with intent to sell using "Subject to"
Can I finance a property, in the name of my LLC, and then sell it the same day as owner financed? Would 2% interest (above what the bank is charging) and closing costs plus $10K be fair terms?
I have a potential buyer who has income and cash but very bad credit. I have good credit, and am thinking we could both win. The buyer would find the home he wants, and I would help with financing and make a return.