Take the previous example; let’s say we are able to convince the seller to carry a note on the house.

As the great economist Fredrick Hayek said "All economic activity is carried out through time.

If the latter, you'll need to know the laws around carrying back (few lenders will lend on old mobiles).In either case, you'll need to run some numbers to determine the value of this investment.

You can also look for listings, especially FSBOs that mention owner will carry (owc).

. $1500-$3000/month rent seems to be the sweet spot as a ratio with purchase/carrying costs.

THanks Carrie

Have seller carry back a second for $312k2.

Kristine Marie Poe  I have never, nor will I ever, make a loan to a home owner... all loans are rehab type loans.I agree with you...I had some pre DF owner carry back to homeowners on some of my OREO.. but I set those up on short term Zero interest notes.. and they have all but paid off..

We submitted  a preliminary offer at 700k with the seller carrying the financing. 

Typically auctions/tax sales carry a disclaimer that no guarantee of title is provided.