We have a number of ways we can structure them too, so you are not forced to qualify one way and one way only.

I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.Here's a brief overview of my situation:Property Value: According to Zillow, the house is worth $649,500.Current Loan Amount: $470,000, which is the current market value without any repairs.Funding: I'm looking for a hard money lender to cover 100% of the purchase cost and rehab cost.Tenants: I already have tenants in place.I'm working on getting the exact numbers for the rehab costs, but I would appreciate any advice on how to structure this deal effectively.

Then you will have a 10ish min quick walk through the property and if his pictures matches the reality and you don't see anything abnormal, then after you sign with him assignment agreement and you put nonrefundable deposit and close in about whatever days you agreed on(usually up to 10).  

I'm not sure how this could be structured so speak with a lender but on the surface that would be great if you could get two properties with zero down.

Quote from @Joseph Bui: I’ve done it multiple times as that’s how I normally structure my BRRRR deals.

Similar green energy investments could be considered if you can make the numbers work (credits on some types of low income housing can be north of 50%).Depending on how long these properties have been held, they could consider implementing cost segregation studies via a change in accounting method to accelerate some depreciation.The operating proceeds could be re-deployed into new properties where cost segregation is an option to accelerate depreciation to offset proceeds.If the properties are low basis and we are not maximizing the 199A deduction, maybe considering an S-Corp structure for management to be able to participate in retirement plans and also generate wages to use as a 199A base. 

Many owners of them are getting hit with extremely high assessments lately because of the lack of structural integrity.

So, if a broker came across this as either their listing or as an existing listing and had access to investment capital, they could buy out the equity position or one of the equity partners and structure the above transaction.

Jack - Elements of seller financing that I think would be interesting to call out/explain are:- Payment structure (length and rate) to seller.- Tax Benefits of receiving installments instead of a lump sum payment.- Legal Options for the seller if the buyer does not make payments.- Visual/Explanation of how the loan looks on the HUD-1 at closing.Good Luck!

Curious what your experience was/how you structured it.