Buyer is pre-approved for well over 140K from the bank because he has excellent credit, good income, with 6+ months reserves, <45 DTI, but does not have the 28K to get the deal done.Is there a creative way for me to sell this thing to my buyer with him not having to come to the table with the 20%?

The area has what could be a very cool shopping business district and it would be wise to invite some creative minded entrepreneurs to begin their business in the area with some sort of grants.

I kno the laws are more strict here, so what are other creative ways of structuring deals when doing options?

Or should I be posting in the "creative financing" forum?

Do you do tax preparation?

As for the liability issues, I am amazed at the information on the this site regarding asset protection and the incredibly creative entity structures suggested.

There are so many problems that can develop that you are not prepared for.

My wife and I are learning and preparing for real estate investing.

And if its only worth 25k, they might be willing to take that on if they're just trying to get started.Considering you paid cash, you can be pretty creative on the terms since there is no due on sale clause to worry about.And then they can deal with getting it rented and paying the insurance.

If it is an REO, I cannot contact the management company for creative financing right?