Unlike traditional bank loans, private lenders offer quicker approval, fewer requirements, and the ability to customize loan terms to fit the project.

So, a BUYER that needs owner financing...what if they just used "non-traditional financing"?

Also, more people seem to be choosing trade schools over traditional colleges.

I see some lenders out there would just pick the "lowest" rate and the client ends up paying more than 1% of the loan amount at their closing costs.Key point is "Lowest" rate does not mean the cheapest rate  I have worked in traditional community banking for over 7 years.

The whole scheme was buy a foreclosure, "sell" it back to someone that can't qualify for traditional financing with seller financing at a higher rate, once note is "performing" you can sell the note and make a lot of money. 

I though the benefit of having this membership structure was to cancel the subscription (eviction) without have the traditional lengthy process.

The second scenario would be if you didn't have enough capital to invest in real estate the traditional way and wanted to start to build a portfolio.

For those that rely on traditional methods and personal experience, I can understand this perspective.

We buy, we can sell off market, or we can sell it traditionally.

Quote from @Fadil Khan: Interested in learning about investing in property for rental income, commercial property vs rental properties (section 8, traditional etc)1.