We just arrived friday and stopped by last night to walk the Mystic trail and we saw this Houses For Sale in Sedona AZ.

I purchased an occupied duplex earlier this year in Mystic, Connecticut.

As others have pointed out, their play is to get into this deal for zero cash down, which makes any amount of profit have the mystical infinite CoC.

@Tristan Wheelock, It's not original or super mystical. 

I'm bicoastal the other way, raised in southeastern CT and now living mostly in Denmark. Due to rent control in DK my property focus is still on the US. Having built, rented out and sold, I like the concept of small m...

I actually grew up on the Groton side of Mystic and have a few rental properties in Mystic and Pawcatuck.

It's reasonable to assume the seller will now 'mystically' know your max purchasing power, which typically isn't something you want a seller to know.That being said, if you're writing offers from Georgia in the SF Bay Area, no one is going to trust a lender from out there, especially if it's a national big bank lender, and especially if the sellers are fishing for an all cash offer.

@Carey DodsonI can't tell you I am shocked this half baked idea is coming from the mystical world of Seller Finance.  

I am also in SE CT, and I am currently looking into properties in the area (more in the East Lyme - Mystic area).  

, negotiating, knowing who is a good inspector, knowing what to say (or avoid saying) with the appraiser there walking around, knowing that Lender A is good for X, but lender B is better for Y, knowing who to call when you have some BS roof issue that you need solved cheaply and within 3 days that the appraiser called out, actually being fluent in the mystical language of realtors when speaking to the listing agent, being able to justify price to an appraiser, bla bla bla.I've got a couple hundred real estate transactions under my belt.