@Jocelyn Doumani From the info you provided you are only getting one side of the story.

Long story short, I have very little knowledge on land contracts and I was wondering what people thought about doing that for my first deal?

A little back story on my situation:I currently own one single family rental (almost identical to the one I am currently trying to purchase) in Milwaukee, WI.

Waived mortgage contingency is a different story. 

Leverage your current property returns as examples.Other ways of finding new investors is talking at conferences and meet ups (you have a lot of experience - so tell your story.

Just want to share a quick story for some encouragement and maybe get the wheels spinning for you on some out of the box real estate thinking. 

Long story short, using Freddie Mac....or Fannie Mae....you can choose to pay a fee of 2.125% of the loan and receive the same interest rate as you would if you were buying the property owner occupied. 

I don't like telling those stories because it's way too much like picking on the disabled.

Wondering if you can share your quad horror stories in general.

Hope that helps and isn’t confusing, moral of the story, at least talk to a pro, in my experience a small firm would be best for this case.