Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.

Hi Mattin,As we’re already chatting via DM, I’ll keep this brief, but I wanted to drop a note here for anyone else considering Detroit.

Start by deepening your understanding of CRE fundamentals, including net operating income (NOI), cap rates, and lease structures like triple net (NNN).

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

Low vacancy rates, rising rents, and high tenant demand for more space/good school districts. 

New inventory and relisting rates have actually declined month over month which is allowing to pricing to remain elevated.

I’m thinking with a 2.25% rate, that’s a good mortgage to hang on to if it performs well as a rental.

Or a seller finance calculator showing the monthly payment based on negotiated price, interest rate, down payment, etc.

The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.

Looking for a house we could house hack, had an incredibly low interest rate on mortgage and house has increased in value about 42%, an estimated 180k in equity.