Eight is the most applications I've ever received for an opening; low response rate is probably a combination of low income, our long application (we're working on that),  and rural area.It seems like it is also unfairly penalizing the people who jump on getting their application in right away.Fun to think about though, thanks for sharing!

Assuming a loan requires (1) that the original mortgage allows for it which is rare these days, (2) the buyer will have to meet the same qualifications as getting a new mortgage, (3) there are closing costs and (4) often the interest rate is much higher than current rates which means the property will cost you more. 

With the web, we're having to make laws as things develop.With that said, I suspect that it is a combination of the fact that they are not marketing directly to the investors and the dollar amounts are smaller, in relation to other types of investments. 

Also this is rare but what happens if the note is called for alienation how are you going to pay it off..

Combine this with being able to assist others and your own deals.

We have a combination of duplexes, townhomes, and a condo - scattered around the Twin Cities metro area.     

It's very frustrating, fortunately they rarely buy anything for more than $30,000, so I am able to sneak in on the more expensive properties.

People like that are rare, you won't find one in every town.

@Ned Carey   I love Real Estate and the regional difference's  WE NEVER Ever except for very rare occasions have the buyer and seller in the same room or have the two parties actually meet.Title company schedules each at different times.

This seems like a very rare situation, though.