Is it possible to buy land using seller financing with 0% down where I agree to pay the seller off over 5 years, then turn right around and sell the land for less money but up front, and then not have to pay the original seller off for the 5 years? I'm thinking that even though I lost money in the short term, I'd get money up front which I could invest. And if I didn't have to pay the seller for 5 years, I could earn a lot more money in that period than the money I lost up front by selling the property for a lower amount.
Is this possible?
Doesn’t really make sense from an investment point of view, but you couldn’t give clear title to your buyer anyway.
Wayne - True.