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Creative Real Estate Financing

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Jack Berg
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Currently Renting - Landlord wants to sell - SELLER FINANCE?

Jack Berg
Posted Feb 6 2024, 10:54

Hi everyone, this is my first post on BiggerPockets. If I should move this thread elsewhere, please let me know.

Background: My girlfriend and I currently (Late 20s) rent a Condo from a guy in Denver. We both have steady incomes, enjoy the area, etc. etc. We started this lease in Dec-2023. Upon signing, the LL stated that he'd be looking to sell at the termination of the lease (Apr-2025).


Seeing as I work in real estate development and investment, I saw an opportunity here. The possibility to structure a seller financed deal. LL is original owner - bought/built in 2003, he's an older man, probably looking for the cleanest, easiest exit possible. 

I'm really just looking to connect with someone that has experience with a similar scenario. The outcome remains to be seen - this area (and condo complex) commands top of market rents - maybe a rental property? Maybe a refi at the end of the seller finance period and flip? Maybe live in, remodel, and flip. The list goes on.

Anyway, would love to connect with someone that has experience in this area. Additionally, if anyone has just general tips and things to avoid, that's great too. I'm starting this research, and number crunching early so I can capitalize on this opportunity. Thanks guys!

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