Creative finance BRRRR

[Joshua Bailey]

Looking at a property listed at 60k which needs a full rehab. Its down to the studs so most if not all demo is done. Has anyone done a creative finance to just get an equitable title to the property where they can get a construction loan to do rehab. Once finished then refinance and pay off the seller and the rehab loan. This would be my 1st brrrr so not sure if anyone's done this.