Are you buying for yourself or trying to wholesale (or what is your exit strategy)?

I can explain why, because I buy Subject To.

I have been buying and dealing with Real Estate for about the last 30 years.

Investment Info:Single-family residence buy & hold investment.

I have no prior investment experience but after living in Paraguay, and reading some books about real estate investments, I think I'm ready to buy my first property.

Fico while they will look these are not credit score driven loans like those buying rental houses or houses to live in...

I did buy a website which was expensive and produced nothing, still trying to decide what to do with that sunk cost.

I am guessing they probably raised $15-25M from investors for the deal, so while the bank would still be covered investors would appear to collect maybe 10-20 cents on the dollar if they were to liquidate.if that's the case then I don't see buying one year really does anything unless I am missing something ? 

We don't buy in warzones and we explicitly verify that the PM is experienced with Class C/D properties and tenants and Sec8.  

Now a-lot of times you buy a home from someone with seller financing and they hold the note for 6 months to season it and then sell the note to another investor or a firm and then it will most likely show up on your credit because these are more sophisticated investors.In regards to the benefits of owner financing you won't have to pay closing costs to a bank.