If you go this route, I recommend finding a good deal and the lender could possibly fund 90% of the purchase price and 100% of the rehab depending on your FICO and experience.

Hi this is asked quite often in here so I recommend you search for some additional info.Long story short...I recommend financing in your own personal name if you qualify for the purchase you are trying to make. 

You can do a delayed purchase without any seasoning requirements.

Note: -the properties are located in California, Nevada, Arizona, and Connecticut-the properties are all financed under conventional loans-most of the loans are purchased as rentals, two are purchased as primaries. 

If the buyer that purchased your condo purchased it as an RE investment I question his intelligence.  

I am looking to purchase my first multifamily investment property via seller financing and wanted to see if there is anyone who purchases deals creatively like this often or has done so in the past and wouldn't mind helping me get started in the right direction?

Purchase price: $98,000 Cash invested: $30,000 Sale price: $158,000 Fire Damaged Home

For a property that needs rehab, you will need an interest only loan (generally a 12 month term) that funds up to 90% of your purchase + 100% of your rehab.

I purchased in 2019 and there was certainly a learning curve (understanding county rules and code, getting to know the local renter demographic, dealing with a limited pool of service providers in the area, understanding fire risk and mitigation; etc).

It really depends if you can get a great deal on the purchase price, and yes adding value seems to be the smartest play.