I purchased a house in good condition for $55,000, with the seller accepting the lot as worth $5,000 down payment and seller financing for $50,000 for 20 years at 5% interest.

Hey Jeff,Just wanted to give you a heads up – I snagged a screenshot of the first page of their reportLooks like the mountain areas aren't included, probably under a different municipality.I stumbled upon this report on their website, after signing up for their free account.

Check in with him on the mortgage side first, there are a lot of creative income programs currently, including a P&L statement for entrepreneurs which could require less down..Good luck! 

As someone who is still very new to STRs I'm wondering if a service like Minoan would be worth it or too much of a hassle for newbie getting their other systems locked down. 

Investing in PG has slowed down a lot.

The purchase price should be under 100k (around 80k or so) and I am not looking to put more than 20% down as I'd love to purchase more than one property this year.Happy to provide any additional information.

The buyer makes payments to the seller, who in turn continues making payments on the original loan.Structure: The new loan is typically for the full purchase price, minus any down payment.

Lenders do not lend on run down mobiles and few lend on land.

I bought this deal by owner financing 5k down with a balloon of 50k after a year.

Let's break down your equity based on your numbers:Property 1: 6.5% return on your equity (yearly cash flow/Equity)Property 2: 6.08%Property 3: .88%  Property 4: 2.09% Property 3 and 4 are definitely too low of a return.