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Updated over 7 years ago on . Most recent reply

User Stats

279
Posts
105
Votes
John D.
  • Rental Property Investor
  • Allentown, PA
105
Votes |
279
Posts

Creative sale question

John D.
  • Rental Property Investor
  • Allentown, PA
Posted

Good Evening.

I have a scenario where I have an off market seller for a SFH located in NJ with a purchase price of $32K. I recently finished up a flip project less than a mile away from this property and the seller is interested in purchasing this home and they have already been preapproved for a conventional mortgage. There are no agents involved. We have an attorney representing us for closings, etc.

I am looking for ideas from the BP community on how to structure this type of deal.

Any info is appreciated!!

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