Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 10 years ago on . Most recent reply

Creative Financing Deal
I have a deal in Canal Winchester/Columbus Ohio that is a 3 bedroom 2.5 bath 2 story home in good neighborhood built in 1996. The owner owns it free and clear. He is open to any ideas i can come up with to finance this property. He is asking 72k wholesale its worth 115k retail. With 15k in repairs. He is even willing to let me pay for repairs no money out of pocket to buy house with a first mortgage note as security and when we sell property we split profits. Could i possibly get a loan or something and make them first lein holder or and just pay them back when house sells?