I've found a couple of options, but not sure how legit they are:-Delayed financing prior to 6 months, but only based on purchase price and closing costs, not ARV which isn't ideal.

This could make you run into issues for getting conventional financing and HELOCs.

How did you finance this deal?

@Vinh Nguyen seller finance this. 5k up front and pay the rest monthly.

Interest rates are just one factor in the equation.You can offset high (er) interest rates by buying lower priced properties or fixers, or putting down more cash, or having a desperate seller do partial financing or buy down the rates...So if rates stay above 5% for the next 5 years I think 2 things happen: 1) More experienced/less timid investors have a huge advantage for a while, 2) eventually when everyone realizes this is the 'new normal' then things just go back to normal with slightly higher rates.But what do I know?

How do you get them to accept seller-financed offers?

Get creative with financing, too.

Thanks in advance. anything too good to be true is scam because all lender uses the same logic anyway lol.for example i can offer you 110%financing, but you have to transfer me $30K initiation/appraisar fee and then I would disappear LOL

@Mendy Melamed depends on property Class you target and if you're paying cash or financing.Our Metro Detroit market offers many Class B and C opportunities that will positively cashflow, even if you buy putting 20% down and finance the rest.Please PM us for more details!

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