This will elevate your stature as a professional and open up a lot more opportunities for you to monetize deals you can’t buy or wholesale.

This will elevate your stature as a professional and open up a lot more opportunities for you to monetize deals you can’t buy or wholesale.You should talk to a real estate attorney that works with investors in your area to ensure you are in compliance with any laws.

By coupling an installment sale with a monetization loan, the seller can get cash that they can reinvest and the tax benefit of the installment sale. 

This will elevate your stature as a professional and open up a lot more opportunities for you to monetize deals you can’t buy or wholesale.You should talk to a real estate attorney that works with investors in your area to ensure you are in compliance with any laws.

Of course, you don't need to be a Realtor to make these connections but it certainly helps.I began investing 6 years before getting my license but working in the field full-time has certainly helped me narrow my focus and monetize some of my relationships. 

My question is, I don't have the money (I doubt I'd qualify for the mortgage right now) to build an income property on it yet so I'm thinking of other ways to monetize it while working on saving for my first long distance deal.One way I think would to clear it, put a slab down and rent it out as a mobile home plot or something along these lines.

@Ivan Barratt and @Alina Trigub do either of you have experience or knowledge of Monetized Installment Sales?

A Monetized Installment Sale, on the other hand, works as you described.

Take all the pros and cons and monetize them over time, and you can see what would be a better option.

Advantages:MLS useEasier to network with other agents for pocket listingsFinding deals on the MLSBeing able to list property / monetize the lead if they are not motivated enough to sell for cashProtects you in case of the whole legal vs. not legal to wholesale without a license debateSet up searches to learn the areas you are looking in and have your finger on the pulse of the marketDisadvantages:Cost moneyTakes time to study for tests, pass tests, submit paperworkMust disclosure at all times that you are a licensed agent