Newbee questionI have prospective seller who is looking to sell his family home and he has offered seller financing.The property will need some renovation, so I’m trying to work out how I purchase with seller financing at a deep discount and offer as a recourse to the seller the benefit of seller financing at the ARV to the end buyer.Logistically, how would could this work, so that I can take advantage of the seller financing terms for the short term, get the repair fund and holding cost and then facilitate seller financing on the ARV.Any thoughts would be appreciated.

Do a deep dive on that.Condos are also the worst combination of apartment and SF house problems.   

I really appreciate the deep dive, it's that much more eye opening as to how much growing I still have in front of me. 

Read the forums, listen to podcasts, ask questions, and dive right in.

But people often can't think past their initial first impression and won't go more than skin deep to the true ramifications of bad policies.

So here's the situation in front of me that I'd love some outside thoughts on... 
I bought and live in a 1911 4-unit building. Lots of work to do, great cash flow, the area is rising from the ashes, it's on the water...

So I finally took the dive into hardmoney but have also come across some private money... my question is the private money can cover the acquisition expense but still need funds for the rehab.

I finally have financing in place (I wanted to dive in and see houses to find out what I was getting into before securing financing) and I am ready to make offers.

I work for a flooring company so we can get deep discounts on flooring as well.

Is it 'old' debt and he wants to be rid of it as the hole is too deep to get out of or is it 'new' debt and he can't manage his money?