When I had my traditional HML company and 100% of our funds were investors

Maybe we can do seller financing for the $172K and then get a traditional mortgage after the fact with delayed financing?

Thank You for the input, it's confirmed there is not a straight forward traditional mortgage option.I'm looking for a property in the 100k range.

Under the Christmas you won the lottery yesterday

On the contrary, uncertainty is the breeding ground for creating wealth.The core of the issue is whether you are willing to step out of the traditional investment framework and explore new business models and market opportunities.

The seller is open to seller financing, which presents an incredible opportunity to grow without traditional bank financing.

Maybe they are offering financing because no traditional lender will lend on the building. 

This is not a great return, but not terrible.As others noted, there are other risks, like having the property insured at full replacement or purchase price, or if the option is 100% seller financing with no money down or very little, versus 20% traditional down payment, this can start to move it into a better investment.

Such as, what percentage of those $1B in defaults came from tech platforms as opposed to traditional lenders?

As of lately, the traditional BRRRR is not working with the higher rates and low inventory as, others have mentioned.