Our team of agents are all investment savvy and have a good spread of the Denver metro area.

Regardless, I would get a paper trail going and if nothing forms within 7-14 days go to an attorney to get the ball going; your attorney fees can be spread through the other homeowners so don't be afraid to spend a little money; like another post said, you MUST protect your investment.

He is asking $520k and the arv is $650k so its a deal with great spread.

You could also stay involved in the transaction if there is a substantial enough spread between PITI (e.g. $600) and market rent ($1,200).

Remember all seller financed notes are purchased at a discount (depending upon the terms, buyer’s credit, etc.) .... so there must be enough profit to cover the spread.

Remember all seller financed notes are purchased at a discount (depending upon the terms, buyer’s credit, etc.) .... so there must be enough profit to cover the spread.

The whole point of sites like PoL and even Lending Club is to spread your risk across several deals.  

100K sounds like a great spread, congratulations it's a great place to start!

Huge spread for someone!

You make $ with non-refundable deposit up front and the spread between the rents.S California sounds like an expensive market to me.