Will traditional suburbia change?

Franklin Synergy-Tiffany MartinReliant Bank-Jonathan WhitehurstCedarstone bank-Mike DixonBankcorp south-Christian DicksonRepublic bank-Doug Jahner

Given the small amount you need, traditional lending options generally won't work. 

If you have a property that say you had for 20+ years and you still owe say 100k to a traditional bank but it is now worth  700k, can you pay off the 100k with the proceeds of the sale and owner finance the rest 560?

We were able to get a 80% of rehab value on a 20 yr term at 6%.We decided to wait and do a traditional mortgage since it would return more of our cash and get us a better rate as well as a lower monthly payment.

By doing this, they say they can get top offers and avoid the MLS service and traditional costs of using a real estate agent.

I also plan to get my license and learning the traditional side to real estate as well.

I know this is not a traditional method but it works for me because to collect that money up front would pay for my holding costs for 2 months regardless of wether or not they come up with the rest.  

I know I can’t get traditional financing on places where there isn’t flooring...they won’t underwrite the loan.  

Because I do not show large profits in my business and cannot get a traditional loan under 5%