Basically you find these distressed properties in pre foreclosure, probates, divorces, or just ugly vacant properties. then you calculate the Max allowable offer and if it makes sense you call up the property owner, get it under contract for dirt cheap, then you assign the contract to a cash investor for an assignment fee. this is the general idea obviously it gets more in depth, but its finding deals that you would buy as a fix and flip or brrrr, and instead of actually buying it you sell it to other investors.Ahh I see, thanks for clearing that up.  

Instead of discussing the possibility of owner finance with sellers - what if I offered the opportunity to  JV where they are the equity partner?   

Giving you a bump because I'm sure someone can offer advice.

We are the only lender who can offer a classic 30 year mortgage to Americans in Costa Rica. 

They had listed it for $40k more in 8/24 and dropped consistently until 12/24, when I made my offer.

I was also getting credit card balance transfer offers at 0% promotional rates for a year to a year and a half and I started transferring my HELOC balances to the promotional credit cards.

Maybe they are offering financing because no traditional lender will lend on the building. 

I have found my first multi-unit property that I am going to make an offer on. 

There's a post right above mine from a lender... there's always a lender offering $$$ even when people can't afford it. 

Pro Tip: Ask an insurance agent what your rate will be before you make that offer.