FSBOs wanting OVER market- can creative finance be an option?

[Bria Johnson]

Hello! 

My specialization is in lease options (specifically short-term lease options), so I am used to giving sellers FULL market value.  

Where I would like some support is for sellers that want WAYYYYYYY over full market value. 

There are some sellers that want 200k+ over market. I am wondering if any creative finance strategies are applicable to these kinds of situations? For example: note is w/ seller (no bank), price amortized over 30 years , and no interest payments? And even no down payment. And if there is a down payment that is also given in monthly payments over time. Does the higher price no matter if I do NOT need to go to the bank and get a loan and the arrangement between the seller and I cashflows?

What I am worried about is if I want to re-fi at a later date, what happens when the property does not appraise for the price asked for?

Would love some tips.

Thank you so much

[Bria Johnson]

@Chris Davidson

Appreciate your response Chris! Especially the nugget about time.

For the deals that do make sense, I like the option of no interest and no down, but Ialso understand the seller needs to agree.