Seller financing for a flip

1 Reply

Hi all of you smart creative investors.

We have found a messed up property.

Its in a deceased estate with 4 beneficiaries.

We are thinking about adding value to it then reselling/flipping it for capital.

We are thinking about leveraging creative seller financing.

In your opinion, In what creative ways can we structure seller finance in this context?

Driven regards

Carlo

Hey Carlo,

Maybe offer the beneficiaries two options- one if you pay cash right away, the second if you pay them in 12 months or whenever the house sells (whichever comes first). You would need to be confident that you can turn the house around in whatever length of time you set. What I wouldn't do is put any effort into improving the property until you have the title. Good luck!