Hi @Ken M. how are you getting around the due on sale clause being called when buying them sub to?

These homes are what most people picture as “home” and lend themselves well to coliving strategies.

Once that happens, the tenant is buying the property for you. 

People invest in people/brand more than the product - remember that

Don't buy any more assets until your reserves are filled again.

Quick question on those who have done seller financing:- Buying a 0.3 acre downtown fort lauderdale multi family, negotiated an around 1M price w lot of development rights, double lot. seller got it way back early 90s for pennies- got good credit 800+, w2 job etc put 40% down and mortgage bank offered 6.62% 30yr fixed (CF negative as this would make current rent roll not too much compared to the PITI)- property is in ok condition, needs 20-30k repairs which seller OKd, and all 3 tenants are month to month, pay bit under market but also ok- seller would like to do seller financing, interest only at 5.75%, 30yr amortization at 7yr balloon (CF would be positive) - id be paying some principal as well, just to grow some equity- buying this deal for the future development of the area (las olas, kushner broward crossing) so not really worried even if we overpay for it now, but never done creative finance as i always relied on a strong W2 job to get good loans but obv im used to 3% 30yr rates from covid times not this 6+ environment..Goal is to hold the property 3-5yrs, and then actually develop it or sell half the land / refinance, pull out HELOC if it appreciates.Questions:1) What does he know that i dont? 

Are you chopping down there equity for an early buy-out?

Do you need to sell it in order to buy something else? 

This is an investment property (buy/hold) that I'm planning to develop considering the new 2020 laws.

Usually, this is a sign of stability and a preview of the types of people who live in the area.