You'll find the balance tween the two markets. 

or just lose it.I'm guessing the ARV would be around $165,000 and I'd guess repairs would be in the $30,000.They have a balance of  $138,681 on the Loan, and a past due amount of $43,643 for the missed payments (to bring it current)I don't know how to help. 

I can get a bank note for 80% I'll be in 10%  and he'll carry the balance with a ballon note for most likely 2 yrs.

We eventually settled on a darker floor as we thought it looked more modern and we felt that it would balance with the white counters, and we plan to do a white backsplash eventually too. 

And the question remains with the distant future plans I have, is it best to refi the total balance to pay back the current loan, or refi less and make up the difference with personal Funds.  

The seller has the right to tell you the balance owed, if he wants.

You finance the balance, yes, it's 100% seller financing.

The balance is being provided by the developer in cash and work.

If you put down 25% to the seller you could propose a 15 year ammortization at 3% interest with a balloon of the remaining balance within 3 years.

I think the checks and balance will come in with the institutions he would be dealing with.