You can get some great cash flowing duplexes for that price range in Dayton, Ohio. 

Well I wanted to buy a home and that was the only thing I found within my price range How did you find this deal and how did you negotiate it?

Our rates are in the 7% range for 20% down though.

@Shiwei Qu- thanks ...there are many great opportunities  in OH  due to the price ranges and demand froms renters ....its best to try to have some representation  or  assisztance  in whatever areas that you buy in  ( relator / property manager / insurance agent / contractors etc ..) 

Would disclosing these terms in closing be sufficient for the seller especially if paying a higher price? 

I know many companies that do this. this would not be a security as long as you they are not getting profits from the deal and are financing the transaction as a standard loan and recording a deed of trust.Some good info here on a note:The Court provided four factors to determine if a note sufficiently resembles the types of notes that are not classified as securities.

Market OverviewThe Los Angeles warehouse/distribution market is comprised of 476.3 million square feet in eight geographic concentrations ranging in size from the 128.0 million square foot Mid-Cities submarket to the San Fernando Valley West submarket, which accounts for 6.6 million square feet.

If you have no lates in the last 12 months and re-established credit meaning you have atleast 3 tradelines you have made ontime payments on for the last 12-24 months you may be eligible for VA financing with 580 min or lower scores depending on the scenario.Most of the time these type of files with be a total cluster and require 30-40 conditions ranging from letters of explanation, additional documentation, and or other to close.

This is about to bite us though as commercial loans only lock for 5 years - so our 4% commercial loan will reset in the next year and probably increase to the 6% range if we don’t pay it off before then.

Units have recently been selling in $900-$950k range.