Balance what you are learning through KW on how to be an agent and in the real estate class (much better basis for investors in real life than agents) with going to real estate investor meetups in your area.

If you have a relationship with the seller, if the property is fairly priced, if the seller is motivated, and you identify it as a deal, then you can send an LOI after the first call.

Right now treating it as interest but would like to make it active income to do a solo 401k .

Could you take a moment to answer a few questions?

but you can still build equity.hope this helps

What made you interested in investing in this type of deal?

How does one take the owner finance situation to a bank and turn it into a 30 year loan to hold without an additional down payment of 20 percent ?

You provide a copy to the tenant.Are you a licensed PM?

Anyone know how I can go about valuing such an offer?

Once you know how, you know how.