They are bought either with SHORT term high interest (hard money) type loans or purchased in cash.

My guess is if you can make the interest rates work, there will be dozens of these available in about 2-3 years when the loans start maturing.Good luck and best wishes. 

Quote from @Caleb Brown: Is the property worth the higher price to pay off the loans?

Flexibility in Loan Terms: Josh offered a unique hybrid product that let my friend lock in a portion at a fixed rate while leaving the rest variable.

@Robert QuirozIf the owner already owns the property without a loan they can cashflow the property even if rents are below market.

As agents I think marketing and vehicles can be the biggest tax deductions can not ?

Real estate loans are taxed as you pay down the principle, not when you borrow the money.

Negotiate seller concessions, consider affordable markets, and focus on long-term equity growth through appreciation and loan paydown.

@Tina Artigliere@Alicia ProkosFor these Quest Solo 401k plan account holders, what is essential is to find a new Solo 401k plan provider who offers a Solo 401k plan with the service and features that the account holder needs such as Solo 401k loans, alternative investments, Roth and Mega Backdoor Roth Solo 401k contributions, 5500-EZ & 1099-R preparation and filing, etc.The process entails restating the Quest Solo 401k plan where the Quest Solo 401k plan documents are replaced with the Solo 401k plan documents of the new Solo 401k provider. 

We financed the purchase using a combination of cash and a hard money loan.