@Connor DonovanYou’re not wasting the loss as it is suspended and carried forward to future years.

Hello,Considering how cheap mortgage money has become, and how many mortgage companies are out there offering credit to just about any FICO score someone may have, is anyone here still having success offering Seller Financing on your properties that you want to carry paper on? 

Hello,Considering how cheap mortgage money has become, and how many mortgage companies are out there offering credit to just about any FICO score someone may have, is anyone here still having success offering Seller Financing on your properties that you want to carry paper on?

There will always be good deals - the skill is in not only having the confidence to know and to trust that, but also to recognise the deal that is good for you and then to be able to go after it not have someone else's great deal go after you.I hope that helps, sorry to quote Epictetus at you I got a bit carried away but those Greeks knew a thing or two :)

From a liability stand point, the PMs carry their own insurance, licenses, handle payroll, etc., which takes some risk from the operators plate. 

I have the most success with letters that have a real stamp and hand addressed envelope.

Result is I claimed 15,000 depreciation which when I sell, i have to pay tax at ordinary income tax rate.If i do not claim "active participation", then the 25,000 will be carried forward as "suspended loss", and if i sell my property next year, the 15,000 depreciation that was not used can work to reduce my depreciation recapture income / tax.

However, I am looking to scale up so I am curious to hear from all of you on what your best successes have been in terms of cost of acquisition, rates of return, etc. between acquiring properties from wholesalers vs. running your own yellow letter or similar marketing campaign.

I ran a direct mail campaign using a personal letter I had created that I had sent to most small multi-family property owners in the surrounding towns.

Send a letter that you have paid in full the agreed amount, any “changes” gc wants additional money for were to address non-workmanlike results that were expected and ordinary, but that you are willing to pay $20 for the base trim at Home Depot prices (maybe add $30-50 trip charge for worker to go buy) as an offer in compromise or good faith.