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 over 3 years ago,

User Stats

69
Posts
28
Votes
Jimmy Suszynski
  • Rental Property Investor
  • Pittsburgh
28
Votes |
69
Posts

BRRRR deal with possible seller finance (?)

Jimmy Suszynski
  • Rental Property Investor
  • Pittsburgh
Posted
I am looking at a potential BRRRR deal that is zoned as a duplex but has 3 units, has a newly vacant lot next door and is a few blocks from my house hack. I see a ton of potential in the place. I saw it before it was listed--I actually sent a letter and another mailer to the property owner last fall. Now that it is listed, has anyone successfully built a seller finance deal with agents involved? It is really the only way this will turn into a "homerun" deal, though I can definitely get it done with my cash and a private lender.
I know the agent's commissions will still be paid based on the sale price ( I would offer to pay them in full along with the down payment). I guess I am looking for example seller finance terms folks have used in the past. I'd like to come to the table with 2 or 3 different options as a part of my offer. (i.e. a larger price with seller financing, a lower price with private money, something in the middle that blends the two). I am going to walk through the property on Wednesday to verify my rehab estimate then get to work.

Loading replies...