Our Buyer: Purpose: Buyer needs new place of business-successful growing home improv. business who is a subcontractor of mine - very attracted to owner financing and wil complete rehab at own expense.Willing to Pay: 125k purchase pricew/ Down Payment of 40k (20k to seller and 20k to us)Terms: TBD but would likely accept terms of: approx. $2,000/month pay. 5-10 yr. term @ 8-10%possible balloon payment in play as well We dont want potential legal ramifications from a deal structured this way.

Coming from another line of business I'm a Graphic Artist.

@Linda LinI agree, the numbers are attractive, the distance is the issue.

I'm a graphic designer from San Diego (though currently am working via internet from South Korea for a year) and am looking to invest in Oklahoma.I haven't had any experience in real estate yet, but I've been saving up money and reading a lot, so I hope to make my first multi-family acquisition this coming fall in the Shawnee, Oklahoma area.

But be sure to get a sense of its attractiveness compared to other markets.Good luck!

The prices for houses in Detroit may look attractive, but some of those house would overpriced if they paid you to take them.

I know there are a lot of foreclosures in my area which make flix and flip and wholesaling seem attractive.

In the rare case the numbers look remotely attractive for a rental it does take a different approach to sell.Rehabbers (okay, good ones) can walk a house and in 30 minutes tell you yes or no.

What other criteria does a wholesale deal have to meet to be attractive to a buy and hold investor?

I'm having a problem what do I write in the ad on craiglist to attract cash buyers if u don't have any properties.