Quote from @Brandon Croucier: That’s a killer loan if they are actually offering that.Seems extremely below market value as even primary mortgages are higher than this right now.I would beware of a bait & switch on this. 

There have been brokerages offering flat fees and failed.

They often offer updated owner records, pre-foreclosure data, and more targeted lists for specific markets.

Fairbanks offers a unique market with its own set of considerations.

I'm just hoping someone with actual knowledge of it can provide some information that offers an alternate explanation.

Structuring a joint venture (JV) or equity partnership can make the deal appealing by offering a share of cash flow and appreciation. 

Traditional lenders won’t approve it, and hard money lenders who offer this type of financing all the time look for experience, assets, or strong equity in the deal.Partnering with someone who has financing or experience is realistic approach when starting.

Their pro formas felt optimistic with providing 6% annual appreciation and property management that is only about 6% of rent so I take it with a grain of salt (they offer their own property management services but it has terrible reviews on Yelp so I would probably go with someone else). 

What value did you offer agents to make the relationship mutually beneficial?

It’s not a market where you can just buy blindly, but for investors willing to do their homework, it offers a strong mix of cash flow and appreciation.If you’re open to learning more, I’m happy to share some resources on how I’ve built my portfolio there.