The buyer may want to reduce the down payment required to buy a property, preserve capital, increase yield, reduce payment on the loan for a period of time.How does it benefit the owner to carry the loan?

I am really excited meet like minded individuals in this community whose goals are to increase their wealth and add value to the market place.

The extra bedroom May increase interest in the property, but when people actually walk through the house and see how small the room is and that they will have to go to the garage to do laundry I do not believe it would help the sale in most cases. 

Recent amendments require a local agency to impose an owner occupancy requirement as a condition of a homeowner receiving a ministerial lot split.

Hey Les, are you looking at traditional financing to use increased leverage or would you be going with a 20% down option?

The latter would be the least ideal option for me, but maybe it is the way to remodel the whole unit and increase the rent of the space.

But overall, the house is in great condition!

Each investment strategy has its pros and cons, and the choice depends on individual goals, risk tolerance, and market conditions.

There are too many variables like the possibility that rent rates will increase dramatically or the tenant will turn out to be bad and you will need to get rid of them.

This takes forethought and planning that you can search the forums about.I think you will find your potential seller financing path challenging - not for what it is, but for trying to find those properties that will fit your timing, as well your scenario - whether it being the right size, condition, location, the right terms, etc.