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Updated almost 2 years ago on . Most recent reply
How would you do this deal?
Seller is out of state. The property is in Florida and the seller now lives in New York. House is partially renovated and partially destroyed. The property needs major repairs like HVAC and a room needs to be redone.
The agent said that the seller understands that the house is only fit for a cash buyer. To make the numbers work for me the seller would have to cut a big check which they don’t have.
Most Popular Reply
Quote from @Anthony Howell:
Seller is out of state. The property is in Florida and the seller now lives in New York. House is partially renovated and partially destroyed. The property needs major repairs like HVAC and a room needs to be redone.
The agent said that the seller understands that the house is only fit for a cash buyer. To make the numbers work for me the seller would have to cut a big check which they don’t have.
Have you tried owner financing as an option? It could just be until you get everything fixed and can refinance.