It involves multiple steps from land acquisition and zoning to construction and sale, typically spanning several years.

Sale price: $170,000 This house was a screamer!!!

On multiple occasions we were told that after closing we would be able to rearrange the draw schedule as we needed.

I have several years in sales, management and training but I have never invested.

Are you talking about someone who does all the deal sourcing, closing, and transaction management?

George - I think that the owners most likely to seller finance a portion of the sale are those that have owned their property for a LONG time (potentially looking for residual income) and owners than own their property either "free and clear" (without a mortgage/debt) as they have more flexibility.

Purchase price: $98,000 Cash invested: $30,000 Sale price: $158,000 Fire Damaged Home

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

I highly recommend investing close to home because of the great Chicago Real Estate Investing.I love the book Mindset, The One Thing, The Power of Now -> all more mindset books but I believe in mindset first and then investing!

I've reached out to about 50,000 contacts during this period but a few potential sellers a came across seem to already have realtors.My current approach involves using Deal Machine to identify potential properties by zip code, focusing on those with unknown sale dates or built dates before 2000.