I was approached by a buyer from out-of-state (relocating here for work) because he saw my Craiglist ad looking for buyers in need of creative financing options. He estimates they'll have about $200K to put down after their house sells where they live now, but SFRs where I live are easily in the $650K+ range, which puts them in jumbo mortgage territory and their credit score - at 650 - is falling short.

However, they pointed me towards a house they saw on the market for $638K. The owner put it on Craigslist so I called him and now know it's an inheritance (owned by him and his 2 siblings) and they're motivated. THE CATCH - there is a seller's agent. The owner just took it upon himself to do extra marketing. (Talk about motivated...)

I called the agent and saw the house today. It's move in ready but windows do need replacing and it's a bit dated so there is plenty of room to negotiate. My conservative estimate based on a recent appraisal of a similar home has me at $580K, at which price my buyers WOULD qualify for a conventional mortgage as that gets them below a $424K jumbo mortgage. I think we could potentially get it for even less, however.

MY QUESTION - what do I do? Is there a role for me to play? I am not an agent but I do know other agents. I could always hand the lead to them and my mortgage broker and build up some good future karma - but I'd love to make some money here. It's important to note that I DO NOT have money to buy it myself but would be potentially able to find other investors.

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