You can increase returns with leverage (that is a mortgage) or with value add (renovations, additions etc).I think cap rates (rents minus expenses divided by purchase price) on commercial and industrial is higher with less work involved, but its more expensive than I can afford--so I know next to nothing about that land.

Originally posted by @Duane Alexander:Can resimpli replace propstream to look up property information like remaining mortgage, tax information, liens, mls history, mortgage transaction history, etc?

Remember last summer when mortgage rates briefly dipped, and it looked like more homeowners might finally list their properties?

Purchase price: $15,000 Cash invested: $25,000 Sub to deal - paid the seller and wholesaler $15,000 + $7500 closing costs to assume $84,000 mortgage with a monthly PITI of $575.

Other than that, it is really a light doc loan with not many strings attached compared to a conventional mortgage.

We'll be househacking and renting out the other side for about a year to satisfy the terms of our mortgage. 

In its first year, the rental only earned enough to cover half the mortgage.

Our tenants pay $2,700 in rent and the mortgage+fees comes out to $2,360.

Rates are currently in the mid-high 5.00%'s, plus mortgage insurance premium (MIP).

Your goal is to plant the idea in their mind and create a situation where selling to you feels like the easiest and most logical solution for them.If you haven’t already, the first step is to get pre-approved for a mortgage so you know what you could afford if you were to purchase the property conventionally.