Hey @Matthew AllenIt’s a creative strategy that could work in the right circumstances, but there are some risks to consider.

@Jay StraderI'm wondering the same thing - I had an attorney review the contract & basically all it said was invest at your own risk.

Welcome to BP.My biggest piece of advice is to understand risk premiums in real estate.

Would I have him deed the property over to me, and then have the paperwork be put in that we would build him a home first?

With the DSCR formula being Rent/(PITI+HOA), we're seeing that most savvy investors are putting own much more...in many cases 30% to 35%...to get the DSCR above 1.0%.

The world values your money at 3 or 4% with no risk. 8 or 10% with moderate risk.

The cost of a sewer line is the same whether it is on a triplex or a single family home, but with a MFU you can spread the risk.

Many sellers offer owner financing at high interest rates (often around 12%), but I’ve seen investors buy properties this way, hold them for a while, and then refinance with a bank to lock in a much lower interest rate.Here’s the strategy I’m considering, but I’d love to hear from those who’ve done it:Step 1: Purchase the Property with Owner FinancingFind a seller willing to finance the deal.Put down 10-20% and agree to a 12% interest rate for 5-10 years.Example: Buy a $55,000 property, put $5,500 down, and finance $49,500 at 12% interest.Monthly payment: $710.18.Rent out the property for $1,500/month while preparing for refinancing.Does this sound like how you guys structure your owner-financed deals?

The risk with BRRRs and flips is they are riskier.

It would appeal to the granolaheads, and there would be room to put a couple RV hookups too Potentially