The house hacker will pay you the 100k (actually it should be higher...like 110k) in 2 years, pay the traditional 5% of his purchase price ($5500) for the option consideration...and lease the property from you for 800/month.3 - You end up getting 500 more from the Hacker/buyer than your are paying to your seller, so there is no payback period.  

I think he is moody because he is heavily into stocks/bonds and the traditional way of work until you've "earned" retirement.

Hey Garrett: You will not be able to do a traditional residential 30 year loan in an LLC.

Its not impossible to find interested sellers with traditional listings...its just less common. 

Traditional money tends to look at fact, not projection.

My one question is: If it's free n clear (you did your due diligence) why would the seller not do a traditional sale instead of offering "owner financing?"

Do you typically refinance with a traditional mortgage? 

." * Learned how to launch a website - not hard but definitely time-consuming ^^ * And of course, helping to organize this meetup that continues to attract investors from all over who are interested in learning, networking, and empowering themselves with knowledge and contacts.Part of the reason I write these posts is that my path into real estate investing has been 'non-conventional' and maybe it can help others looking for a way to start out.I couldn't do the traditional driving for dollars as I'm an ocean away.

I understand traditionally banks will go off of COST/PURCHASE PRICE if it is lower, but maybe others have experience / suggestions. 

It’s important to not repeat the mistakes of that era but unfortunately we are not addressing some key problems.One of the key problems is the inability to perform the same level of due diligence as traditional channels.