Looking for help with structuring a creative finance deal

[Dustin Swanson]

I am reaching out for some professional advice/guidance on ways to creatively structure/finance a unique investment opportunity we have. Here are the details:

• -Owner-occupied home that the seller intends to buy back after 2-3 years of renting it to an investor (he is handicapped, and his house is built out for him with all the handicap accessible features)
• -Current mortgage balance of ~ $164,000 and his monthly payment is $1,280
• -The seller has a balloon payment due on private money in the amount of $117,000 - this is the cash needed in the transaction.
• -The seller is willing to "sell" and immediately be the tenant (maximum rent payment he is capable of is ~$2,500).

We are interested in helping him out and making a bit of cashflow in the process.

We are relatively new investors and would like to guidance on ways we could structure this transaction. Any help or advice from experienced investors would be greatly appreciated.

[Clayton Silva]

The right thing to do is get him to a lender like us that can do a no income no employment primary residence loan to get him out of his hard money balloon.  Just my 10 cents