We are buying it seller financed for less than 5% down and are very ecstatic to get started.

Selling @ $500kLender providing $490kCan the remaining $10k be carried by seller?

i've seen a few 2 families on the MLS In my price range. out bidded on one and the rest were too far gone for the price the sell was asking. but I'm working towards finding off market properties, auctions, whole sellers etc.... if I can find a distressed property thats priced correctly I will try my best to grab the opportunity.

It's important to note that Detroit may have higher vacancy rates and lower demand, which could impact rental income and property values.

It's going to be tough for Multi-family investing just now in Hot Markets, may be prudent to limit investing until things shake out a bit over next 12 months....I think triple Net retail has better wind at its back from supply/demand basis at this time.

The seller paid like $500, I paid nothing, and they replaced a water heater.

Does anyone specialize in selling properties with seller financing?

We managed to get seller credit via fixes to the house which is nice.

Selling @ $500kLender providing $490kCan the remaining $10k be carried by seller?

Hey Ryan,I do a lot of seller financing deals with the mortgage staying in place (ie.