I mean, even if I'm thinking maybe it's a scam, I can't imagine how this would produce a successful scam any more than a conventional sale with conventional financing.

Thanks Jason-I don’t know: my attorney is saying that as long as they can produce a mortgage rejection letter, they can walk away—the thing is that I spoke with the buyer and they already got approved for a mortgage but decided the mortgage closing costs are too high.  

Anything 5+ units the value is derived off of the NOI (net operating income) that the property produces.  

If there is, you will be drinking out of a glass that was produced and distributed from Toledo.  

I may want to refinance after one or two years because the Rental is producing enough income that I could get a traditional loan.Thank you!

Also, most reputable bigger brand firms have great tools, marketing, etc but you should also try to locate a solid office that does produce warm leads. 

Also, keep in mind that in my opinion, you would still be winning if your monthly housing costs went from $1,400 to $900… which would be the equivalent of producing an extra $500 a month in cash flow that you could save up for your next investment.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.Best of luck and keep us all informed!

They must also pay for the cost associated with marketing and agent fees to produce a new tenant. 

Also, keep in mind that in my opinion, you would still be winning if your monthly housing costs went from $1,400 to $900… that would be the equivalent of producing an extra $500 a month in cash flow that you could save up for your next investment.Another way to increase cash flow would be renting out rooms in the unit you live in, either Airbnb or longer term.

My long term goal was to build enough capital to purchase an income producing property without borrowing any money !