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Seller financing question
Newbee question
I have prospective seller who is looking to sell his family home and he has offered seller financing.
The property will need some renovation, so I'm trying to work out how I purchase with seller financing at a deep discount and offer as a recourse to the seller the benefit of seller financing at the ARV to the end buyer.
Logistically, how would could this work, so that I can take advantage of the seller financing terms for the short term, get the repair fund and holding cost and then facilitate seller financing on the ARV.
Any thoughts would be appreciated. Let me me know if further clarity is needed.
Thanks