I bought a property in IL few months ago which I sold it to another buyer on seller financing (AKA Contract for Deed).The seller is going through some sort of financial issues and is not able to make this months mortgage payment.

I am a newby in real estate investing but have been resesrching obsessively online and reading real estate books aswell as financial motivation type books.

I understand my “why” fully, and I’m excited about the possibly of being financial free.  

@Ti Jackson You can go about this a number of ways depending on your financial situation:1) Line of Credit off of your personal residence - You need to have a good amount of equity in order to use this to fund your entire flip.

Your buyer was FHA and had a co-signer which tells me that’s a very weak buyer, financially speaking.You need someone with a larger down payment and no co-signer

I'm concerned if the divorce would affect his financial ability to pay rent.

You can still back out if you had an inspection or financial contingency and the amount of days are not upIf not, you may be looking at losing your Earnest Money Deposit in best case scenario

Sweden, Switzerland with negative interest rates, and all the financial insanity of the last 10 years would lead me to believe someone would buy as a negative return investment, for tax reasons.

Seniors with Low Financial Stability Scores might be one list to think about.

It is also likely that they have fallen behind on updates and some maintenance so it can be a real hassle for them to spruce things up to sell the traditional way.You can combine owner occupied and Absentee owners in a Low Financial Stability Score (FSS) list.