DrBig1 0 Report post Posted August 1, 2008 I know you gurus are way ahead here, but say... 1. Have a residential, for sale by owner.2. Know a buyer, but their credit is little to none. Small town, Iowa. Not much needed.3. Wondering about a hard money option. The buyer knows how to fix up anything...a genius there. Would like to live there for 2 years, build on, really fix it up, then resell in 2 years; or less, if the economy changes sooner. Advice? Looking to understand where to start to assist. Thanks.Doralyn Share this post Link to post Share on other sites
MichaelC 160 Report post Posted August 1, 2008 Hello, Doralyn, and welcome to The Naked Investor. A few things you could try. . .1) Is the seller willing to offer any financing? If so, that may bridge the money gap for getting the deal done.2) How about leasing with an option to buy? This allows the buyer to get in light, do their thing, and gives them time to worry about financing down the road.3) You already touched on this, but either hard money or, better yet, private money. Share this post Link to post Share on other sites
