Used our personal realtor How did you finance this deal?

Asked Price $290.000Purchase Price $260.000 + Closing Costs How did you finance this deal?

How did you finance this deal?

(Get an owner occupant loan.)Can you seller finance it for more?

You may have to switch to owner financing or BRRRR if that is available or some other strategy when the time comes. 

I work with a ton of new investors as a realtor the #1 way to get started is just find a 2-4 unit in decent shape and buy it low down with conventional financing 5-10% then you can live in it for a year and do another next year.

Helps protect personal finances/accounting, etc. 3.

It was a deal that was offered to me directly by the owners using owner financing and i took it!

How to Structure the Deal to Protect Your $20KIf you’re willing to cover the $20K arrears, here’s how to protect yourself:Option 1: Secure Your Funds with a Lien or Escrow AgreementUse an escrow account: Deposit the $20K into escrow with clear terms—if the assumption is denied, the funds return to you.Record a promissory note & lien: If the deal falls through, this would give you a legal claim against the property to recover your funds.Option 2: Sub-To + Wrap While You AssumeSubject-to deal: Take over the existing loan payments before assumption approval, securing control.Escrowed deed transfer: The seller signs the deed into escrow only to be recorded after assumption approval, ensuring they can’t back out.Lease option fallback: If the assumption is denied, consider a lease option agreement until another solution is found.Option 3: Negotiate a Seller Financing HybridAsk the seller to carry a small second note for the $60K equity gap at favorable terms.Use your $20K as a down payment, structured as a secured loan against the property.3.

I'm not a wholesaler, but I work with them a ton to source notes and seller finance deals.