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Updated about 9 years ago,

User Stats

10
Posts
2
Votes
Shawn Smith
  • Real Estate Agent
  • Chandler, AZ
2
Votes |
10
Posts

Owner Carry Flip?

Shawn Smith
  • Real Estate Agent
  • Chandler, AZ
Posted

     Hello all, I am new to BP and this is my first post/question. I am finally looking to jump into the deep end and land my first deal. My question is does anyone know of any viable seller financing options for short-term flips? More specifically,  I came across a deal that the sellers just want out and don't want to do any renovations.  I just need them to carry the loan through the flip while I renovate the property and then sell for a profit.  I haven't heard this option mentioned yet and definitely want to protect myself from the seller changing their mind to sell or want the higher amount once the renovations were completed. Any info/advice would be much appreciated. Sincere thanks, Shawn. 

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