How did you finance this deal?

Hey everyone, Ive been searching for the past few weeks for seller finance deals to ultimately rent to Section 8.

I'm a beginner with creative finance.

Purchase price: $1,300,000 Cash invested: $16,000 Sale price: $2,000,000 With just 16k of our money, using creative finance, flipped this house in a ski-in location in about 50 days.

Security deposit is Refundable.I will like you to drive by the House today to view it from the Exterior of the building if you will like it..I will like you to get back to me asap if you really interested in my house for rent for the Application Paper work to fill out soon...Awaiting to hear from you...

You do the 1031 instead of the seller financing.

Increased rates makes it more difficult for first time buyers because 1) the financed payment goes up 2) it decreases movement which results in boomers, etc not downsizing which lowers volume on the market and helps keep the prices from falling.Other drivers for these large rent increases are the recent property appreciation (last 10 years have had huge RE appreciation) and rents lag the property value increases, the Covid eviction moratorium has identified new risk that must be reflected in the income, the continuing trend to move to high growth areas which results in a large housing shortage in these areas, the lag of new housing starts that has existed since the Great Recession.  

In a subject to transaction the buyer may be in a precarious position if the note is called and he doesn’t have access to capital to pay off the note, or doesn’t have a capacity to obtain new financing.  

Our mentor How did you finance this deal?

How did you finance this deal?