How do I respond to this question?

[Deangelo Mack]

What do I say to the seller if he/she ask if I plan on living in the property or am I an investor. Do I be honest or say I'm going to occupy the property. I've gotten a  few phone calls where I tell the seller I'm an investor and then they automatically tell me their not interested. Thanks

[Karen Rittenhouse]

@Deangelo Mack Many sellers think investors only want to take advantage of them, so they're afraid to speak with investors.

However, always be honest because you certainly don't need to be lying about anything that you do. 

I read that you said you're using creative financing and you "won't close until you find a tenant". That's a whole different conversation and, I must say, I don't like that one. No matter your strategy, you must always be ready to close on the contract and live up to your end of the negotiation. That negative statement is about you, not about them, and you definitely come off as some kind of scam.

If you're trying to do this business with no money or investment of your own, then you're very new in the game and this type of transaction is what hurts the reputation of investors. 

The best thing you can do is take the time to learn how to buy and sell investment properties and get yourself qualified to do so. Creative financing is a great fall back for experienced investors, but a terrible way for people to try to learn the business. Please, never take advantage of a seller.