- Could have it for sale while its occupied, as its likely an investor buying it, and that would just be a condition of purchase.

You can buy cash and then use delayed financing within six months to get a loan that is treated as purchase financing.

However, it's a great way to achieve STR esq cashflow without having to purchase assets that have a $250K+ pricetag. 

Purchase price: $180,000 Sale price: $209,900 Contributors: Peter Vekselman Partner Driven and Traci Stephens purchased this Watertown, SD property on 12/06/2024 for $180,000 and sold it the same day for $209,900.

From what I remember his purchase was rescinded on what must of been a pretty s valuable property.   

I specialize in vacant lots purchased at tax auction for several reasons @Morris Lucas.

If they have the ability to purchase the note, why can't they just buy it directly from the bank?

Does anyone have an suggestion for locations to purchase homes/condo that are inexpensive and have strong rental potential.

This one was purchased through bank foreclosure proceeding's.

Most hard money lenders will fund 70% of the purchase price and 100% of the rehab costs.