2/2 FSBO or for rent. Owner Financing

[Terry Drake]

I found a house with a sign that says For Sale/Rent Owner Financing. It's a 2/2 built in 1984. According to my software they purchased the home in 1999 for $80k and it's FMV is 132k.

I am looking to assign this contract to an investor as I don't want to put any money out right now. I want to get in, get out, get paid and move on to my second deal.

I am ready to call them for the preliminary info but I wanted to see if there's any last minute advice from the veterans. Especially becuse owner financing is pretty tough to come by, I don't want to blow it. The first deal for me in the most important because after the first, my confidence would blow through the roof and the second won't be far away. This is going to be a fun business! :wowo:

Should I talk to them for a little while and get everything I need or should I keep it short and sweet? Any ideas or advice?

Terry