Delayed Closing - Good way to start renovating before closing?

[Neil Metzger]

I know the answer as I am typing the question, but thought it might be worth tossing out to more seasoned flippers then me....Trying to get a couple of my guys into our next flip prior to closing on it. The target home is not being lived in; trying to figure out a way to get the seller (FSBO) to allow us access to the house to begin work before we actually close on it. Combination of factors led to this, we finished a flip early, had a bit of delay in my private lenders access to funds, appraisal delay, yada yada yada. We have a pre-approval, and I am not concerned about getting the deal financed. I hate to use cash, but if push comes to shove we could just buy it.

Anyone ever come up with an elegant or easy way to do this? 

[Aaron McGinnis]

Don't do that. Ever. If you don't close for any reason, you are screwed.