Subject-To, Contract for deed, etc.
I'm looking to purchase a property. Numbers look good for cash flow for rental, but I want to explore less conventional financing options.
The property was purchased for $130k in Sept. of 2013. It was listed for $150k last February, and is down to $115k now. Assuming 20% down, the amortization schedule shows around $101k still owed.
I'm looking for resources to learn more about doing 1) seller financing, 2) a subject-to deal, or 3) another option where I have a reduced down payment.
Everything I'm reading says seller pays 10-13% during a sale, and I'm wondering if I can get them to accept one of these options to save them money, and get me the property for less out of pocket, less total cost, or preferably both.