He offered to sell it to me with owner financing for $400,000 and only required 10% down, so I jumped on it.

Went and viewed about 10 properties, made an offer on one without a buyer's agent, so that the selling agent would double end the deal and they accepted a below ask offer at a time when prices were climbing.How did you finance this deal?

Sellers had multiple "accepted" offers and all were placed in interpleader accounts. 

Quote from @Melanie Baldridge: Why I like investing in real estate more than 401(k)s.Both offer tax deferrals, but here's the difference:If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.With real estate gains, you're paying capital gains tax (which is typically lower).Plus, RE investors get:1.

Samford's business school also offers a concentration in real estate investment and management.

Nice…You can’t offer less for a property full of fire rubble (lead and asbestos?)

Suggesting to them buying their house for a wholesale range offer or lower dependent on the extent of the rehab, then having a contract in place that gives them a percentage of the profit to help get them back on their feet, paying off debts etc.

In the program, it appears that you offer a Pre-Loan Application-- perhaps this is how the program is legal?

You can even connect with local HR teams and offer small referral bonuses to get more bookings.

Why would they offer you 5% for 20 years?