But your issue becomes that regardless of how you would like it priced, the bank is going to price it based on comparable sales so even if a 6% CAP gives you a value of 600k but the highest comparable they can find is 500k, you're going to run into problems when your buyer goes to finance.

Your original offer was asking for more than a bank would give you, which with owner financing almost never happens. 

I've heard some banks will/have the right to call your note. 

I've attached the link as well, if any of you see something that catches your eye that could use a face lift to make the property value more, please let me know.

I did a quick sketch up but I have no idea how to attach it. 

It is my understanding that financing with a bank mortgage in 1st position and a seller carry back in 2nd position is something that was allowed prior to 2008 but has since died out.

Can I ask the bank for the extra 40k to do whatever repairs necessary to my liking, such as on a line of credit.

However, the advantage is that I can use leverage from the bank and get a high return. 

The bank doesn’t really care who you use for insurance as long as you have it.

Hi,I am a Canadian investor and the big banks dont share too much love for foreign investors.