My biggest regret is not signing up to get locked into 20% off annually.

Hello,I am a young investor looking to get knowledge on how to utilize seller financing to obtaining 2nd rental property.I bought 1 single family home in Tilbury, Ontario in 2021 and it is not cashflowing AND not able to sell right now as locked in mortgage until 2027.I do have some cash, but not enough for a 2nd property, and I seen plenty of off market seller financing - but I just don't understand the whole seller financing business to obtain.

So, before you even think about pulling the trigger, you'll want to have a thorough understanding of what you're getting into. 

In my opinion, it is easy enough to do from afar as long as you have a relationship with a handyman, cleaner and a smart lock.

We still get the odd theft from time to time but it's easy keeping a finger on the pulse when we only do 3-4 rehabs per month or so.Just had one recently but couldn't tell you when it happened prior to that.It's just the nature of the beast and could happen anywhere.At least we don't get car windows smashed by junkies and bags stolen from cars in broad daylight like in San Fran haha not many windows get Smashed Engelo everyone knows you simply keep them rolled down and dont lock your car leave nothing of value.. although you might find someone sleeping in your car.. but its a rookie move to lock your car up tight

So it’s not like all the equity is locked up until you sell it.  

The tax exclusion possibility goes away in 11/2026, and I think rents are going to soften (they have recently, but we locked in a 2-year lease at what may turn out to be the peak).

You may also be acquiring leases that you don't want to be stuck in.Generally if you acquire LLC units, you will be able to at least get a federal basis step up in the underlying assets.Also generally when you acquire LLC units, most states still trigger real estate transfer taxes. 

With a 1031 exchange I get to defer any capital gains taxes but the downside is the investment is locked into another real estate property assuming I can find something suitable within the 1031 exchange timelines.

I never understood the idea of locking people into a whole year.