It seems to me getting the mortgage first would make the most sense since the seller would be frustrated if you didn't have the money and someone else did. 

I don't know if that's a route I'd look into since my dad is already into real estate and intends to hand down the ~family business~ to me when I'm of age, I just need to know the ins and out of it all before I jump in, that's why I want to rent some properties of my own and perhaps do a flip or two before he passes the torch.

If you are not interested in your property anymore and would like to sell it to me, please contact me.

Also, can someone explain to me in great detail what the difference is between lease options and seller financing is?

From a logic standpoint ( I know banks seldom use logic) they could sell to me for even 10 cents on the dollar or get nothing as all of the proceeds may get eaten up by the first lien holder.

Hey Everybody,I have a house that my family member owns and wants to sell to me.

Reach out to me if you need help or info.

So to me, it seems like in the short term that might be more advantageous since we prefer to just keep them money reinvested in the company.

I had brought up the point that most places are going for 5-10% off asking, as well as I’m saving her the 6% she would be paying in agent fees since the awesome guys at Deacon-Hoover are handling my paperwork, but was only able to bring her down to $195,000 which she seems pretty firm at.My dilemma is I really like the place, I have a ton of tools and constantly flipping/rebuilding motorcycles, cars and jet skis so having a garage in the city is very crucial to me.

On a rent house to me its a no brainer but check with your insurance first.