Hello,I am a young investor looking to get knowledge on how to utilize seller financing to obtaining 2nd rental property.I bought 1 single family home in Tilbury, Ontario in 2021 and it is not cashflowing AND not able to sell right now as locked in mortgage until 2027.I do have some cash, but not enough for a 2nd property, and I seen plenty of off market seller financing - but I just don't understand the whole seller financing business to obtain.

Some things that jump out at me:1) Many cities have codes that establish the number of unrelated individuals that can live in the home, so you will need to do some research on this in your area. 2) You may need commercial property insurance, as your insurance company will likely consider this a business exposure.

Pete,Apartments are a class of business that some Insurance companies like and others avoid. 

This business model requires a specific market close to airports that provide an airline crew member domiciles.

Agustin, Regardless of where you are going to invest you need a team of people around you to make your real estate investing business successful.

When you say sales, are you referring to direct sales to a consumer or business to business?

Why do you want business credit?

Having someone on title with you that you don't know, as a "business partner" puts you in lawsuit risk for anything they do.

We help real estate investors find deeply discounted, off­market properties so you'll never run out of leads to power your business."

The mortgage market is healthy so there are several ways for income to be calculated including but not limited too: full income verification of two years W-2's or tax returns, 1-2 years of a 1099, average deposits of 12-24 months of personal or (50%) of business bank statements, an up to date P&L, DSCR (debt service coverage ratio) or rental income (investment properties only). - Appraisal.