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Updated over 2 years ago on . Most recent reply

User Stats

14
Posts
3
Votes
Zackary Ottman
  • Real Estate Agent
  • New Haven County, CT
3
Votes |
14
Posts

Creative Strategies for Obtaining SFH From a Family Member

Zackary Ottman
  • Real Estate Agent
  • New Haven County, CT
Posted

Hi BP community,

I may have an opportunity to acquire the SFH I grew up in from my father and I am looking for some feed back on creative strategies on how I might go about it. Seller financing doesn't work bc the loan isn't fully paid off. Also, I am not looking to take out a traditional type of loan as I recently have done so, I don't want to use any cash and the numbers wouldn't make sense going this route anyway. I've started looking into learning about "subject to" strategies however, my father isn't hard pressed to get rid of the property at a low price. Part of me thinks it's just not a good deal, yet I believe that there's got to be something creative out there that can make it work. Thanks in advance for any feedback!

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