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I know what seller financing would involve in regards to me (the buyer) having to pay a interest rate set by the seller and the monthly payments also set by seller.But what are the benefits of seller financing a property?

That's when I realized the importance of staying organized and having a comprehensive checklist.Closing a deal involves juggling a million things.

Got insurance involved and use that money to remodel the entire inside, and add a new roof.

A lot of it has to do with location and time.If they are local owners looking at 1-2 LTR properties, I'll assist with identifying cash flowing/near cash flowing properties, assist them in the purchase as their buyers agent and assist with tenant procurement, listing, etc. but they can typically handle day to day management from there.Furnished properties, whether that be MTR or STR, are a lot more involved, as I'm sure you're aware of!

What other kinds of loans or financing strategies are available that don't involve using too much of your own cash?

As others have said, you will get lent more money usually with rehab involved than on a straight acquisition loan.

Investing close to home allows you to gain hands-on experience, learn the ropes, and be more involved in the day-to-day.

I have been working with my contractor about 23 years now and when we get involved in a project I go to the site at least 4-5 times per week.

We are experienced and have never involved anyone in our projects and have never used a loan outside of a conventional mortgage.