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Updated over 5 years ago on . Most recent reply
Motivated seller, with very light rehab, slight off in price
I have a motivated seller who wants 335k for the property (arv is 400k). The property is honestly in good condition and can be rehabbed in 2 weeks, it just needs a new kitchen and some paint. My problem is how i can structure this deal where I just pay for the rehab and list it for her. This wouldnt be a seller financing deal would it? Instead, I would think to enter a partnership where I give her her price and I capture the difference, once sold. I was hoping I can ask the BP family on how I can take this deal on creatively, and since its such light work i really dont want to purchase the property from her just to sell it in 2 weeks. How would I take title, etc. Any feedback on the matter would be very helpful. Thank you in advance!