How to buy a property on payments directly from the seller?

[Rehaan Khan]

I'm trying to figure out a strategy on buying real estate from the seller (no lenders involved) on payments, adding value and reselling it for profit and thus, paying off the original seller. Please tell me what this strategy is called & how to learn more about it!

Peace & Blessings
Ray

[John Underwood]

Quote from @Rehaan Khan:

Quote from @John Underwood:

Owner financing with a balloon payment due in 6 months or a year tops.

 Why not longer than that time limit?

 You can absolutely make rhe time limit what ever buyer and seller are comfortable with.

If your trying to convince a seller to give you seller financing while you flip the house a shorter time may be more convincing than a longer one.

You could also offer some of the profits from the flip to help seal the deal.