Whenever I have used seller financing as a buyer I always put in the note that the note holder must give me the first right of refusal to purchase my note at the same discount they are selling it at.

Purchase price: $145,000 Cash invested: $15,000 I obtained the home 9 years and am holding it for cashflow as a single family long term rental.

(5 tenants are original tenants, having been in the homes since I purchased them 9-12 years ago when I was doing more buying.)My last purchase was a 1031 exchange in September of 23 for a new build. 

I also am very interested in purchasing more STRs, and this is a really low risk way to see if I'm up for it (we have a 2.9% interest rate on our mortgage).My biggest concern is an ongoing plumbing issue we have had.

Purchase price: $415,000 Cash invested: $90,000 MY FIRST RENTAL PROPERTY !!

Self-purchased and managed.

So any contacts, known meet ups, or especially advice for an initial purchase is greatly appreciated! 

Are you looking to purchase more RE in the near future?

🔍 Investor Insight Needed – Owner Finance Returns on 1st Lien Positions 🔍Hey BiggerPockets community,I'm looking to connect with investors who fund owner-financed purchases in a 1st lien position.

I purchased three out of state "cash flow" rentals with Evernest.