Traditional Sale in line with market. 

We discussed this with our agent, and they recommended a traditional rental policy with an umbrella policy. 

They will use their own contract that is heavily, heavily skewed toward the lender and will usually pass many traditional seller fees off onto the buyer. 

Compared to traditional, I think the latter is only the risk.

My plan is to hold onto it as a rental property, targeting Section 8 tenants, as the rental income is quite attractive at nearly $1,500 per month.Here's the challenge: The property's purchase price and labor is below $40,000, and I'm uncertain about my ability to secure a traditional mortgage for a property at this price point.

I am basically the traditional Asian family that spent my entire life saving money and purchasing a place in New York City, and after trying to survive for a while I find it too hard now that it’s 2 people and decided to move back to my hometown and do some investing looking for cash flow in particular.

Unlike traditional real estate notes is something that is easy to do from afar since you do not get access to the interior anyways so there is nothing you can physically inspect.You are correct that you will get $500-$600 a month in payments but also recognize its taxed at ordinary rates... 

Traditionally in the Black Community, in the past we were prevented from building wealth through multiple angles.

Explore traditional loans, hard money lenders and private investors to understand your financing options.

I used a traditional bank mortgage through US bank.