The seller also wanted to avoid a large tax liability.Armed with this critical information, this is how my father structured the purchase that best suited both the seller’s needs and requirements as well as make the purchase ideal for my father.Without a down payment, the seller financed the purchase with no payments due for 2 years unless part of the land was sold.

As well as many areas in Alberta with high economic growth and fast paced growing towns/cities, this would be a very ideal place to prosper your oppurtunity.

I am in the cash flow business so I deal with people with owner financing.

A good screening process helps too just because they have first months rent and a deposit don't make them ideal tenants

Ideally there would be some other source of rent since the tenant is not paying rent.

Ideally, I would like to have an investor come in with the $600,000, get the transaction complete, then sell off 3-5 of the properties to pay the investor their investment plus our pre-established return percentage/equity.

I deal can easily cover these expenses for 1 year.

Your ideal tenant market is very narrow because of that!

Not the ideal environment to show someone else the amenities a property has to offer.

Hey Alicia,Here's a link on my web site to the state approved purchase contract and a couple of other forms, though section 9 makes it not ideal for wholesalers unless you attach an addendum with a clause about "and or/assigns."