Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Few agents in the market understand seller finance and the many ways it can be structured, and few will sometimes promote it, but the rest are just risk averse.

Cleveland would be a great market for you.

Also, we're not getting anywhere near market rent for the home since its only half the home being rented, however we do feel that we're getting what similar efficiencies are getting in the neighborhood.   

In this area, market values hit around $4.95 million, giving you a solid 131% ROI.

Study the market.

The structure also allows for mitigated tenant and maintenance risk, but it has increased dependence on market movements due to being appreciation based.

This is more common in today's market and often allows the seller to get a higher sale price than if you were to go through a bank/SBA loan.

All channels can work, but in my experience, the greatest oppportunities often pop up when you know exactly what your returns need to look like and keep your ear to the ground in your market.

The reality in this market is that you would likely not have any funds left to return to them since it is unlikely to get re-rented so soon.