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Updated about 6 years ago on . Most recent reply

Account Closed
  • Specialist
  • Hendersonville, NC
23
Votes |
159
Posts

Interesting Financing Question...

Account Closed
  • Specialist
  • Hendersonville, NC
Posted

Hi all.

Is it possible to buy land using seller financing with 0% down where I agree to pay the seller off over 5 years, then turn right around and sell the land for less money but up front, and then not have to pay the original seller off for the 5 years? I'm thinking that even though I lost money in the short term, I'd get money up front which I could invest. And if I didn't have to pay the seller for 5 years, I could earn a lot more money in that period than the money I lost up front by selling the property for a lower amount.


Is this possible?

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