I recently bought 5 pieces of land all in Michigan -- one is in Jackson and the other four are in Saginaw.

I'm attending one of their webinars next week to find out more.

One thing you will want to explore is the tax rate in the specific counties you are looking in.

The bank will value the asset as-is - that be, the current rent roll and performance of the property.

Jeremy Roll (professional passive investor in 80+ opportunities) estimates the fraud/bad actor/scammers at 2% of all private placements.

I myself am also trying to learn more about seller financing and you seem to be well educated so just what I wondered about your proposition!

But of course were running into the same issues as everyone else, finding a property that actually cash flows, specifically when rented out the traditional way with just one person on the lease.

DSCR won't work for us because given the rent roll we would only be able to be at 65% LTV, and we are looking to be at 70%-75%.

We closed on one piece of land in Columbus Ohio for a 54 unit apartment hotel project (bookings under 28 days permitted) and we have a secondary site which is under contract to close in June.

Or we gradually perform high-quality updates for a live-in flip, then roll the equity into a new home.Regarding rental income, we aim to boost income, lower our effective tax rate by generating more low tax-drag income with rental income (since there’s not much we can do to lower out W2 tax bills) and have retirement cash flow.To compare the financial impact over 10-20 years, we want to analyze renting versus flipping.