What is the seller's motivation to sell within 3yrs of the purchase if the numbers are good?

2 bedroom, 1 bath, townhouse in Reading, Pa.Buying for 13,000.Paying $6500 cash and owner financing remaining $6500 over 2 years at 9% interest ($297 monthly)Comparable houses in area average 15k-30kNeeds about 6k in repairs to get up to comfortable standard.

The challenge becoming an agent is that many motivated sellers contact you specifically because they do not want to work with a real estate agent.

So I have a motivated seller list I mailed to.

@Jose CintronThe rent to own business with Sellers or with tenant buyers take some talent and some knowledgeWholesaling is pretty straightforward as far as finding a motivated seller and finding a cash buyer and putting them togetherIf you're assigning lease options I highly recommend you get an RMLO to prequalify your tenant buyers as per the Dodd Frank and the safe actThis way most of your tenant Buyers will get mortgagesThere's also a component of credit improvement to help increase FICO scores if DTI is OKI know Massachusetts really well I grew up in Arlington@Mike Hurney@Shaun ReillyMike and Shaun are been around the block quite a few timesBeing licensed allows you to show houses and market house you do not own to tenant buyers in MassachusettsOnce  you get caught acting as a real estate agent, you get a fine and you get a record against the department of real estate in MassachusettsThen  it's difficult for you to get a licenseIf you want to buy on subject to or wrap mortgage without a license I think you're in the clear because you're acting as a principal and you're getting on titleIf you just get your license and act as a principal you're fine, and also disclose to the seller that you are licensed but acting as a principalIf you want to be hardheaded and do lease options without license, please don't complain when you can not do business in  Massachusetts or Rhode Island or Connecticut or New Hampshire or Vermont, New Englanders talk to each other

If the market cap gives a purchase price significantly below the asking price, you make a call to the broker or owner and see the motivation and why they are selling. 

I know I have a lot of challenges but I am super motivated and really up for it.

from Alperlaw.comOne practical limitation with the multi-member LLC or partnership charging lien protection is that the debtor’s cash and assets can remain trapped inside the entity as a “patient creditor” holds its charging lien anticipating future distributions.

The owner has 100% equity, and they would get a majority of the purchase price immediately, so they might consider this more so than straight owner financing.Pre-foreclosure, I'm working to get access to his mortgage information to see exactly how much he owes in back payments and how much is remaining in principle.

GreetingsBP has been an amazing resource and motivated me to begin my real estate journey two months ago.