When the contractor was there they even came downstairs and started demanding to know exactly what steps would be taken (hands on hips, scrunched up face to give this some color).

I have been involved in the buying and selling of portfolios of land notes for over 8 years.  I spent the majority of that time traveling the country for small public company that had a niche in acquiring owner financ...

Then the underwriter started with all these crazy demands of changing LLC stuff which we did.

Here's why the market hasn't crashed and where the potential for investment lies.The Unyielding Demand for HousingOne of the cornerstone reasons the real estate market has remained buoyant is the unwavering demand for housing.

So I am thinking of doing a seller finance transaction.

Wesley,Seller credits or seller contribution to closing costs is usually common when the buyer is coming is closer to full ask.

Here's a casein FL - Seller in foreclosure has 120k principal @4%, Shes 10k in arrears, house is worth about 250k, good condition.She wants to stay at the house, but doesn't mind selling it if needed.She will likely not qualify for a loan mod at the moment, good amount of equity.She works in the medical field, just took sick and fell behind.I was thinking of offering to pay her 10K in arrears and creating a 2nd mortgage @ 10% interest.if she defaults, i can foreclose,  as there is a bunch of equity there.any thoughts of a better scenario that i can make more of this situtation?

Would this be a house hack scenario; cash for keys to tenants in both back units, seller financing living in and renting per room?

Strong economic fundamentals often correlate with increased demand for rental properties.

They scaled quickly from 2015 starting with house hacking in the Bay Area, approaching sellers directly, BRRRRs, 1031 exchanges etc.