We are in the process of flipping our primary home and have found costly repairs that are needed, and we simply cannot come up with the needed funds to pull us through when we list in September. We fully own the prope...

Longer terms are available as this is considered a second home.

Can someone help me with terms? 

Lack of signed off permits may be to my benefit should things turn nasty. 

So, if the seller is unable to do it from their proceeds or something, then I would budget for that amount out of pocket if it is still a good deal at those terms? 

Here would be the terms with the buyer:Sales Price: $315,000 (NOT worth this.

However, I will say, if it is a year payment, it is advisable to hold the year's rent in trust and pull the money out as each month's rent accrues, just in case there is a dispute during the term.

With your proposed seller finance terms, you'd see serious negative cash flow for years! 

When analyzing a luxury short term rental (STR) vacation home for investment in today's mortgage rate environment, the ROI & margins can be extremely tight. 

If long-term appreciation is a part of your investment strategy then Columbus would be worth considering!