Are you the gambling type?

If you're willing to gamble and can afford the negative cash flow, this can work out.

Then froze at looking at all the countries in the world and their expected immigration / birth rates for 2030.Felt I was at a gambling point when I started seeing myself looking into Jamaica.

If they've just got the 3.5% down, then you've got to decide if it's worth the gamble to enter into a long escrow, or take the listing back to active in hopes of finding the right buyer with the right loan (or cash).

I have never purchased via seller finance before, but the seller is motivated to get her IRS issue cleaned up -- roughly $31K.I know this is a risky proposition on the $10K, but I think I am willing to gamble on this to give us enough time to work through pay-off arrangements with IRS if it is the best way to keep control of the property until we can get to clean title.

No documentation required, but there are some stiff penalties for filing a "fraudulent lien".  

And, how not to use them in fraudulent manners.Appreciate your insight!

@Derek Daun LoL, I was stationed in Las Vegas for 5 years and I always compare insurance to gambling casinos....you give them your money and they never have to give you anything in return.  

Not sure on the income requirement.. in the states as long as your paying tax on gambling winnings you can be a professional gambler and use that income for loan purposes.WElcome to BP.. hope you make some great connections here.

unless you plan on never selling which of course most investors that start in this that's the second thing out of their mouths first thing is appreciation is gambling.. second is we are long term never going to sell..