Land Contracts Around The Country

[Ethan Wilkinson]

Curious to see how investors view land contracts around the country. I'm an investor in Detroit and land contracts are one of the dominant ways for homeowners to buy a home over a mortgage or straight cash. Is this happening anywhere else, especially in markets that are distressed like Detroit? Also curious how Detroit is perceived by RE investors. Are investors turned away by a land contract note performing, and earning the investor 14% annual return, just because the negative portrayal of Detroit?