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Updated over 9 years ago,
Am I going about this he right way
Seller wants to sell at 85k house worth 140k fixed up. Got him to go for 83k. It's been vacant for 12 yrs. Not enough spread to flip to a rehabber. So I'm gonna get him to do seller financing. Put it under contract for the 83k. Seller finance for 135k. Then sell the note and keep the spread myself.