Duplex purchased in 2024 - First deal, Turn key, traditional Side by side, 1980 build in good area (same suburb where I live)Listed on MLS for $325k, accepted $300k on land contract with 20% down at 5.5% interest with 5 year balloon and 25 year am.

Traditionally you'd have to join two separate licensed brokers in each state and have separate caps to pay for each.It isn't always right for new agents - but more new agents are trying it. 

If you and the property qualify for traditional financing that should be far and away the best financing possible. 

Definitely worth involving a local real estate attorney or title company before bidding to check for any liens, back taxes, or other issues that could stick with the property—unlike a traditional sale, those risks are on the buyer.

Great question, Duane — private lending can be a solid option if you’re planning multiple flips or want flexibility compared to traditional financing.

But it appears all of that could just have been posturing to gain an advantage ahead of these final talks.The Details.China’s Vice Minister of Commerce announced agreements on:Pausing tariffs on $300 billion in Chinese imports,export controls on things like microchips, tariff suspensions, agricultural (aka soybean) purchases, anti-fentanyl measures, anti-drug cooperation, TikTok operations, rare earth minerals, (as an aside, these minerals are not rare.

Buying from a wholesaler can get you a good deal, but you’ll want to make sure your lender is comfortable with that kind of purchase since some lenders prefer traditional listings.

One huge advantage here is that Memphis supports not just traditional BRRRR deals but also new-construction BRRRR projects—a strategy that’s extremely common locally.

Do you prefer lenders who can move fast, or are you okay waiting through traditional approval times?

I’ve decided that doing a 1031 into a more traditional property is the best move, here.