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. - if I sell funds either go into stocks/back up funding for being less cash poor.  

If the buyer has good credit, you might go lower, while buyers with poor credit might justify a rate closer to 9% or 10%.Market-Based Adjustments: Keep in mind the current prevailing mortgage rates (which are currently around 6-7% for traditional financing) and adjust accordingly to stay competitive while still reflecting the added flexibility of seller financing.3.

Ignorance is my main issue but after reading Rich Dad Poor Dad I’m inspired to get in the game.

Persistence and patience.Let's dissect this for a second.Lists work SO poorly that, in order to get a deal, you need to send THOUSANDS of mailers to COMPENSATE for the poor performance to get results.So you do, and you get a result.

I bet they are getting a barrage of leads right now with many motivated sellers looking to sell their homes to anyone.

As to the "IF" in that last statement - check out this thread on Norada Capital where they basically said, "Yeah, things are going so poorly that you aren't getting your money back any time soon" (very paraphrased):https://www.biggerpockets.com/forums/960/topics/1196567-nora...I'm a "own the property yourself" guy.  

., tours, etc) however, many applicants had evictions and poor credit history (low credit score doesn't bother me, but when you have 7-10 credit card and personal loans in default, it's a serious red flag.)

YUP I have bought a number of houses at court house steps were the owner said it will never go to sale as I have a buyer.. well buyer is wholesaler who has no money and they cant flip the contract and the poor owner loses their house no time to even file a BK and regroup.. wholesaling is a very sleazy business the way MOST folks do it.. thats why its starting to get attention from the states..

Most of these bad situations are due to poor due diligence and also not understanding project development and finance efforts.