A place to sleep, shower and shelter a bit, while not doing all the outdoor stuff that are the main attraction anyway.I particularly see the appeal if tiny homes can be added to the land of an existing property.

Does this product exist?

what's tough about that is that deal - something that just needs light cosmetics, but is priced below market - doesn't really exist right now. 

It seems like returns would be low to non-existent with interest rates where they are...

**Due-on-Sale Clause**: The existing lender could call the loan due when the property transfers ownership, though this isn’t common if payments are made on time.2.

Hi @Gregory Fazio, I think it's definitely worth pitching seller financing even to someone who doesn't know what it is, you never when it could be the solution they didn't know existed!  

The ground floor is occupied by a commercial restaurant, and the upper floor is designated as SRO (Single Room Occupancy) under a pre-existing non-conforming use.

Hi David, Seller financing may be beneficial only if it requires less then a 15-20% down payment and the seller financing interest rate is less than what we may offer.With most seller financing I have seen allows a borrower to refinance anytime, so make sure there is no prepayment penalty within the contract.Yes, you can always refinance out of seller financing, but the property should not be upside down in value compared to the existing mortgage balance.If you'd like to talk and pick my brain, feel free to get in touch with me.Thank YouCraig

You can cash out refi DSCR with no problem if this is an existing rental with a tenant and a lease.

I will give you that those conditions don’t really exist right now in the market since prices and rates spiked.