Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Innovative Strategies
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 11 years ago,

User Stats

354
Posts
90
Votes
Taylor Jennings
  • Indianapolis, IN
90
Votes |
354
Posts

(20) Props to Structure Seller Financing... LOOKING FOR SUGGESTIONS

Taylor Jennings
  • Indianapolis, IN
Posted

REF 13030-P1

The seller wants to unload (34) houses and (5) parcels of land.

The seller owns the properties free and clear.

I don't have the money to buy all these and then fix them all up... But I do have a private lender who can fund the rehabs.

MY PLAN:

1) Wholesale (14) Houses

2) Use Seller Financing for (12) so I can fix and flip them

3) Use Seller Financing for (8) Rentals then Refi out or use the money from the flips to pay the seller off

4) I'll buy the (5) parcels outright and build houses (if allowed) after the flips (I'm partnering 50/50 with a builder)

MY QUESTIONS:

A) What terms should I offer / how do I structure a win win for both the seller and myself?

B) What are some things I should mention/offer to entice the seller to structure the deal this way? (ie Reduce capital gains since he is receiving money for wholesale houses, increase the amount I can purchase house for, etc)

Thanks! Your expertise are greatly appreciated!

Loading replies...