You’re paying big money to target people who explicitly want to hold on to their homes, all in the hope of convincing them to sell.

A line of credit won’t commit you to a monthly payment unless you use the money, so you can avoid paying interest when it’s not in use.

While I do not have an official W-2 currently, I do have a steady income, great credit, and have money saved as well from working since I was 13 years old.I relate to Ian Kay in his journey but also am very determined to make my goals/dreams a reality this year by July 2025.

That’s real money to many people.

It just proves that everybody’s in it for the money.

Depending on the amount owed I might pay it off after I’m under contract to do a property inspection and ask for the money back at closing.

Just do your numbers and control the deal to make money.  

If I had to guess I would say your money could “develop” 1-2 houses in Staten Island but in the right market you could easily get up to 12 or possibly more good units fully paid for.

This is what blows my mind about the cults of seller finance - they teach you to pay anything for a home because you can put little money into it.

I'd recommend listening to this episode of BiggerPockets Money and then using the linked spreadsheet to help you decide https://www.biggerpockets.com/blog/money-572