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Updated over 6 years ago,
Owner financing terms
Hi there, my husband and I have found a small multi-family that we are interested in. It sounds like the owner might consider owner financing it. Can anyone share some insight on what terms would be appropriate? We bought two of our other small properties outright and a third we have a traditional mortgage on, so this isn’t something we are familiar with. We would also be interested in example of contract language if anyone has that to share. We have only been on BiggerPockets a couple of weeks and I am so amazed at all the information people have shared. Thanks so much!