Buying a For Sale By Owner

[Manuel Yepez]

I know the purpose of a FSBO is avoiding real estate agents, but has anyone purchased a home directly from the owner using seller financing? Did they still require a down payment? I am looking at purchasing a FSBO and using it as a rental property. I don't have much credit history so banks aren't interested in offering loans. Tired of analysis paralysis and want to get into the game. Any advice would greatly help.