I simply recommended the seller finance structure based on the current market rates to make it easier to sell since he has better rates than can be gained financing traditionally.

It can be more capital intensive up front and take a little more time than a traditional BRRRR but it gets you started.  

By avoiding traditional financing, we moved swiftly to secure the property and maximize its value for a quick resale.

I will get a lot of fun out of it, plus make money now and off their future efforts which I will not be involved with, other than as a Passive recipient.Cost- if you did traditional logging and sawmilling operations, you would need about $3,000,000 of equipment on the cheap to start out. 

You should always look for Tax-Deferred and Tax-free methods to Invest.

Thanks No you cannot refinance a property but why not just get a traditional loan for the property?

One just uses the tried and true wholesaling methods and each geographical area will have its unique ways of doing this.With a lot of land deals starting with tax sales. this is common in CA AZ etc etc. currently I am funding deals in WA ID MT CO AZ TX FLA and then some other states.

“Selling” a co-living room is very different to showing a traditional unit. 

Quote from @Stuart Udis: Not creative, but good real estate and traditional financing is almost always better than incredible seller financing terms and lousy real estate.

For long-term strategies, a cash-out refinance is usually more advantageous, as it preserves ownership and offers fixed terms.To proceed, start with a professional appraisal to confirm the home’s value, compare refinance terms with traditional lenders, and carefully scrutinize shared-equity program terms to ensure they align with your financial goals.