Seller finance deals work when one of the following situations is present1- property can’t be financed with institutional financing usually because property is vacant (commercial property) or in bad condition2- seller will only accept an above market price for the property and by offering seller financing opens the universe of potential buyers to include people who wouldn’t qualify for financing3- seller is able to obtain a “piece of the action” from a buyer rehabbing the property and hence ultimately obtain a higher price.4- the seller has an existing low interest rate mortgage and wants to “wrap” the existing mortgage into a seller financed higher rate mortgage and pocket the differential 5- property is an investment property, seller has a low basis in the property because of depreciation, and wants to spread out the taxes due.Are you thinking of trying to purchase with 100% seller financing, or are you able to /willing to offer a down payment of say 10-20% .  

Depends on the spread.  

@Chris Mason Thank you for the facts about the VA loan and the insights my friend, I do plan on doing a version of your example, unfortunately I don't believe the spread will be as lucrative in small town WI lol.

However there is this really REALLY Nasty IRS Rule called AMT that has me looking for a way to spread this gain over a few years.

If nothing comes in a year, you can then re-purpose this same objective for $600k and spread it to 2 properties or 1 better one. 

I've been thinking about teaching at the local base on occasion to spread the word. 

Hi Braedon,Thank you very much, to be honest, the place where I started the business is what boosted the portfolio but with hard work, commitment and focusing on great service toward customers and owners alike. if you do a great work, then people will spread the news among their group and they will call you. 

Wholesaling is putting a property under contract, assigning it to someone else to close, and then making a spread (money) for being the conduit.

We did borrow $20k on this deal to not spread ourselves too thin since we are just starting out and do not have a lot of liquid capital right now.

We will spread the word!