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Updated almost 7 years ago on . Most recent reply
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Owner Carry v Conventional
Curious as to thoughts on owner carry v conventional financing.
It has been my understanding that owner carry is typically something a buyer does when they have insufficient credit, or ability to qualify for a loan. It is something an owner typically offers when they want to get a higher purchase price for a property, or sell a property that is unlendable.
If one can qualify for conventional financing on a property, does it make sense to do an owner carry? If so, what circumstances?
The only thing I could possibly thing of would potentially be aggressive expansion. Ie if sellers will do it, one could potentially get into several places for a smaller down %, instead of paying 20% every time for investment property.