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Updated over 5 years ago on . Most recent reply

Justin Somersett's profile image
Justin Somersett's profile image
Justin Somersett
  • Flipper/Rehabber
  • from Wilmington, NC
  • Member since Oct 8, 2019
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Justin Somersett's profile image
Justin Somersett's profile image
Justin Somersett
  • Flipper/Rehabber
  • from Wilmington, NC
  • Member since Oct 8, 2019
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Justin Somersett
  • Flipper/Rehabber
  • Wilmington, NC
2
Votes |
8
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Starting Out

Owner/Seller Financing Loan

Justin Somersett
  • Flipper/Rehabber
  • Wilmington, NC
Posted

I am just starting out and have come across a decent property that the owner may be willing to do owner financing on. My question is simple. Am I allowed to legally rent this property out? What if the hold the title? First deal so I am at a loss here.

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Dennis M.'s profile image
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Dennis M.
  • Rental Property Investor
  • from Erie, pa
  • Member since May 27, 2018
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Dennis M.'s profile image
Dennis M.'s profile image
Dennis M.
  • Rental Property Investor
  • from Erie, pa
  • Member since May 27, 2018
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Dennis M.
  • Rental Property Investor
  • Erie, pa
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Dennis M.
  • Rental Property Investor
  • Erie, pa
Replied

Depending on how it’s structured .Don’t just assume that .

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