Was approached today to owner carry for a local investor who wants to continue to rent it out. 

I've done 100% owner carry and 50% owner carry.

Please keep us updated if you are able to move that at these numbers.As far as seller carry, 1/3 of PP doesn’t sounds too bad to me.

I’ve never heard of them, I’ll look them up!

I typically stick to more conventional strategies, but I’ll admit I’m intrigued.

However, I have done a couple with low downpayment like you are talking about, but I had to utilize a seller carry back as a second mortgage.

If the lender’s draw doesn’t line up perfectly, I’ll bridge the gap with my own cash or a line of credit, then reimburse once the lender funds.Flexibility varies—portfolio and private lenders are often quicker with draws, while hard money and banks can take a week or two to release funds.

. • Underestimating carrying costs — land can sit for 12–24 months before you monetize. • Not planning your exit up front (are you selling entitled dirt, or building out vertical?). 

For true buy-and-holds (5+ years), I’ll usually lock in the lowest rate even with a 5% prepay penalty, since maximizing cash flow matters most.

Carrying costs are your biggest risk.You’re looking at ~$5k/month out of pocket until things are stabilized.