Hi Jayce, we got the seller to carry back the portion of the down payment and the bank to finance the 1st position on the rest.

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

The seller is offering seller financing at 2% interest with a 9-year balloon.

This is the only property we’ve ever seller financed, in case that clears up any questions you have about Dodd-Frank compliance implications.

Hi all,I am curious what some of the Pros would do to Help a Seller in this situation while making a Deal happen.I found a 200+ day old MLS Listing where the Agent said the Seller is in Financial Ruin, hasn't Paid the Mortgage in a year, owes about 180k on an approx. 210k House and multiple Buyers have backed out.I don't know how someone could not Pay their Note in a year and not at least be in Pre-foreclosure. 

i did not know the seller!

To adapt, focus on refining your ARV and repair cost estimates, explore off-market deals, and consider creative financing strategies like seller financing or partnerships.

The owner was motivated due to personal circumstances and wanted to avoid the hassle of listing the property publicly.

I would like to learn more about seller financing, I see a lot of information on the internet about seller financing but honestly I am just confused.

Ignore seller finance for a second...Can you buy a house, put 20% down...yes.