Creative Financing Ideas on SFH

[Tavares L.]

Hi  BP Team,

Please provide any inputs or ideas with the scenario below:

Seller wants out of the home to pay down Credit Card and various debt (motivations) 

Her SFH is currently selling for $204K in the Tacoma, WA area. Seller Owes 165K.

No HOA / Taxes approx $2400/yr & Seller willing to deal without Realtors involvement.

Property rents for $1500 $1600. 

My goal is to create a win - win situation since we are long-term friends. Thanks BP

[Ike Hobbs]

If you don't have an agent involved, how do you know the value from a distance? Zillow and other online estimates can be off by quite a bit. Are you wanting to wholesale the home or rent it out yourself?