I am considering purchasing empty lots priced roughly $10-15K below market value.My plan is to offer owner financing for the land.These lots have water, drainage, and electric connections available, and mobile homes are permitted.The area is experiencing significant development, with the lots surrounded by new single-family homes.I would really appreciate any advice, feedback, or suggestions.Thank you It would help if you shared what you plan to buy them for other than just saying they’re 10 k to 15 K below market.List Price: $55KMy Offer: $45KPlanned Value Add:Install fenceBuild drivewayCreate a mobile home padExit Strategy:Sell via owner financingConsidering the option of adding a mobile home as wellIf you like this post, please consider voting!  

He is securing expensive debt, not debt through a bank, isn't putting any capital into the deal and structuring the equity investment in a highly risky manner without any upside offered to the investor.

Hi Chris, there are several options you could consider, but it would all be based on your risk tolerance. 

Hi,I have 200k saved for an investment property, and my wife makes 450k a year in business income from her s corp small business.What are some of the best options for my situation?

Taking out more debt does not sound like the best option IMO.

Due to the creativity of the deal conventional funding is not an option.

But with perseverance and a willingness to explore unconventional options, you can turn even the toughest situations into successes.Have any of you ever faced a deal that seemed destined to fail?

But that will be your decision and at least you have options.

Here are the options that I have been thinking about:1.

Very common scenario for sure, if it'd be helpful to look at some options feel free to reach out!