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Updated 7 months ago on . Most recent reply
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Flipping with Seller Financing?
New to RE investing and learning about different financing options to fuel my flipping business. How feasible is it to have an offer accepted utilizing seller financing for non-REO properties with the intention to flip? It feels like this would be like asking a seller to be a HML because you'd have to offer a higher interest over a shorter period of time. New to this financing avenue and curious what the BP community thinks.
Context: I live in COS but plan is to start flipping in Pueblo to build equity and experience. Likely going to start with private equity from family/friends but exploring other financing options to quickly scale once I get going.
Thank you in advance!
Most Popular Reply
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You could also look into partnering with the seller if they are not able to do seller financing and split the profits with them as a partnership. Make sure you get your name on the deed or have some type of contract so they don't change their mind about the partnership after making the house all nice after the rehab.
- Tanner Pile
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