He wants to talk to his lawyer before considering the idea of seller financing.

My partners and I have a piece of land almost ready for permitting for a multifamily.  Our agent wants us to counter much higher take a chunk down and carry $4MM @ 10% until the construction loan or a deadline we defi...

Refi cash out, bring on a partner, or find props with seller financing, much easier than a bank.  

You can also approach sellers directly to explore opportunities in distressed situations

Sad but true statement, as this comes down to seller perception.

I agree that there are tons of BS courses out there, but there are way more people making bad decisions, looking for short-term gains and want someone else to do the work for them.

In NC, when you speak to a potential seller, you are legally required to share with them that you're an agent even if you're there to buy their property or wholesale it off-market.

. * [6-24 months] Whenever I find a job and qualify for a FHA multifamily, get that property (with break-even cashflow most likely), and rent the condo at a cashflow loss for a couple years until rent increases (due to high-interest on underlying debt)* [Almost immediately afterwards] At this point, do a cash-out refinance on the condo to pay back the SBLOC (unsure if this is possible immediately after getting the multifamily loan), and secure a lower rate for the condo itself.I know this strategy sounds like loser, as it bleeds money all around, but my hypothesis is:* Underlying assets should grow more than 8.15% in a given year, and I would not pay short/long-term taxes on stock.

We started an LLC partnership solely for the purpose of managing a short term rental property.

After months of seller trying to get a clear title, seller was not able to get the partial release from HUD unless all the proceeds went to the mortgage balance.