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Updated about 2 years ago,
Family Friend Offered Seller-Financing
Hello BP community!
My name is Evan and I am a 22 year old looking to get into investing in real estate. I’m in the beginning stages of my journey, and learning the ropes.
I had a family friend offer me something very interesting the other day. She offered to seller finance the house she is selling (2 bed, 2 bath) listed for 285k right now.
I’m just curious if this is a good route to take for my first deal? I know I will have to run proper numbers, but is seller financing a good starter option?
Thank you!