If not, it's best to wait until the house is built, pay the bridge loan, then finance when completed.

What is your thought on seller financing right now?

Several things to contribute here: 1) Private Lenders with no credit experience emerge doing down payment and 100%/High LTV financing at the end of every cycle, 2) they're among the first to loose their shirts in every downturn, 3) although someone termed this type of lending "gator", it's not new, 4) the guy that coined it didn't get into real estate untill well after the last crash, 5) he has no real credit background or experience (he's never been a lender), 6) Google the guy's name and "looses professional license in AZ" to see what pops up, and finally 7) he's really effective at telling people what they want to hear, filling their heads full of hopes and dreams, getting them to buy his training, and his minios generally won't want to hear what a real, seasoned lending vet will try to tell them.

Thanks all,Preston Henman Define your buy box, which area , what price , what size , how to finance based on your risk capabilities.

To me it comes down to financing. 

I was able to use creative financing strategies to get it for 640k with no money down (except for closing costs).

Working with a hand saw is a lot safer..I am financing 3 larger deals at 7.45% now with a 20 year amortization and a 3,2,1 pre-payment penalty, which is important, because we are going to pay down the principal a little faster and probably will refinance in a couple of years, depending on what rates we see.You have to look at interest rates in the context of inflation, rents and home price appreciation.

You buy, then finance that new owner.

Would these types of companies prefer a cash purchase, or would seller financing be entertained?  

I’m looking to buy a property in a ski town and it is considered a CondoTel and thus does not qualify for traditional financing.