I am on the lending side of things so feel free to reach out if you ever want to talk shop and finance options that are out there. 

Self-proclaimed “Short Sale Queen” and associates indicted in federal mortgage fraud scheme
Tuesday, December 3, 2024
For Immediate ReleaseU.S. Attorney's Office, Eastern District of Texas
PLANO, Texas – Thre...

I even considered owner financing it to somebody more ambitious or at least has more time than me.During pondering what to do with the property it crossed my mind, it could make a good mail drop store.

First of all it's very rare a seller gets a buyer's EMD deposit for buyer's financing falling thru.

Quote from @Clint Miller: Seller financing opens up great opportunities for real estate investors, but coming up with the down payment can still be tricky. 

A recent article discusses how Bloomington is considering flexible zoning to support dorm-style units, aiming to provide housing solutions for residents earning 30% of the area median income (AMI). finance-commerce.comThe city has successfully added new rental units in the 50% and 60% AMI bands but faces challenges in creating units for the 30% AMI bracket due to financial constraints.

Have you asked the owner about seller financing?

If you don’t have a clear understanding of your cash flow, operating costs, and future expenses, you could be setting yourself up for financial stress down the road.The Power of Financial ClarityYou can’t make smart decisions without knowing the full picture of your finances.

I would love to know whether it is possible to apply the BRRRRR method there or other creative financing over there as a foreigners.

You may also want to look into 2-4 units as those are the easiest to finance and help you grow faster.