Updated about 4 years ago on .
Seller Financed Single Family Home
Investment Info:
Single-family residence wholesale investment in Lehigh Acres.
Purchase price: $115,000
Cash invested: $120,000
Sale price: $145,000
100% Seller Financing
What made you interested in investing in this type of deal?
Offmarket Property and below market price and also had buyer ready/
How did you find this deal and how did you negotiate it?
Buyer found it but did not have down-payment for the same and also would not qualify for conventional financing so i put this deal together.
How did you finance this deal?
Got Margin Loan and some savings.
How did you add value to the deal?
Seller wanted to close fast and i had a cash and no contingency.
What was the outcome?
Buyer now owns the home which would not have been possible without this deal.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
This deal was put by myself and title company helped in creating note.