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Updated about 9 years ago,

User Stats

75
Posts
14
Votes
Shabyna Stillman
  • Investor
  • San Antonio, TX
14
Votes |
75
Posts

Creative Financing?

Shabyna Stillman
  • Investor
  • San Antonio, TX
Posted

Hi, need your input please. Have a seller who is facing foreclosure on their property. They owe $64,000 and he wants $84,000. MAO is $64,000, repairs would be $25k for a flip and $15k for a rental. Properties in that neighborhood sell for about $120,000. He will not accept MAO but is open to creative financing. Any suggestions on how to approach this? Thanks.

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