Depending on your long term goals I wholesale and use the assignments fees to buy free and clear properties and I use creative marketing to buy and keep in my portfolio. 

I would sell on a contract for deed, but I wouldn't buy on a contract for deed.

Every investor has a different approach, but I personally buy my rentals the same way I buy my flips..at a deep discount using hard/private money, then refinance with a rate-and-term loan to secure a lowest interest rate.Ultimately, it comes down to your goals, risk tolerance, and ability to find value-add opportunities.

They may want you to put some kind of disclosure in the offer about buying under market value for the intent of making massive profits or something like that.You'll also want to know what kind of split your broker expects from you if any. 

They seemed good, and looks like they have prior experience managing the building I’m buying (based off the leases that were submitted to me) but way to expensive to what I’m use to … $137 - $184 per door (over 10%) and then $750 per door for the maintenance reserve. 

Hello everyone,I am looking to buy a small multi (probably duplex or triplex) in Chicago that I will eventually owner occupy.

Quote from @David Ojo: Investment Info:Townhouse buy & hold investment in Baltimore.

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

Purchase price: $330,000 Cash invested: $360,000 A cash (silent) partner and I are buying this duplex, flipping it to an ARV of $460,000 then doing a cash out refi or selling it for a profit.

He claims others want to make an offer, but unless it's a full cash buyer (which is rare in our small town), I doubt they’d be able to close faster than us.I’m getting the sense that he may not actually want to sell, and this whole process is just a way for him to tell his wife that no one could buy it.