Anyone has experience with foreclosures /seller financing

[Miguel Watson]

Hello I’m new here Nice to meet you. I’ve seen a house forsale through foreclosure. It’s fairly cheap for 32k and typical houses in the neighborhood goes for about 65k I’m interested in doing a brrrr on the property. On the mls it says that seller financing may be available. I think that would be my best bet and I could use my personal funds for the rehab. I plan to do an inspection if everything is well. It seems to be a good deal my wife and are are closing on a townhome we plan to live in Friday so I can’t even make a purchase until after that. My question is on a foreclosure does the bank usually take way less than what. They listed it as because it’s a foreclosure? If we go with this property we estimate to put about 20k into it because it’s really distressed. I’m wondering what I should do would the bank be inclined to take 20k, or 15k if I have it cash? Or should I use a hard money lender? I’m not even sure if they would lend that little but that’s my goal any advice would be helpful