You can even use an FHA 203(k) to buy a fixer-upper and finance the repairs in the purchae mortgage.Otherwise, you CAN buy a property on a land contract with an existing mortgage.

you trying to buy the property?

But, almost everything seems to involve buying/selling in some form, and that means agents and brokers.

Investment Info:Single-family residence buy & hold investment in Weatherford.

Looking at REITs, farmland, maybe buying land at auction. 

So my cautionary tale is when buying seller financed paper, make sure you are very in tune to the value of the property.PS: Even if this started out as performing, same concept applies - make sure you know the numbers/values of the property.

You could buy it out or increase the rate to reduce the years, but it will result in a much more costlier loan. 

Anyone have any experience with buy and hold multi family properties in Watertown NY (or even the surrounding areas of Clayton NY and Thousand Islands)? 

Anything you buy here will appreciate like crazy within the next few years. 

I think finding an investor friendly agent can help you spot hidden gems like that and submit offers on your behalf that fit your buy criteria.