Lease to buy or other option for a flip to minimize cash outlay

[Frank Del Corso]

I have an opportunity to buy a home, which I plan to renovate for a flip but I want to avoid using my cash as a down payment if I can. This way I have the cash for the reno and I don't sink it into a down payment. I am thinking about asking the seller for financing or a lease to buy option but am unsure how to structure such a deal since I have not done this before. I am in NJ and am unsure of the laws so I figured i'd ask this forum for some advice to see if I can figure this one out.

Thanks,

Frank