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Updated almost 8 years ago on . Most recent reply

User Stats

57
Posts
18
Votes
Carrie Cavins
  • Keller, TX
18
Votes |
57
Posts

FSBO in Texas - how is this done?

Carrie Cavins
  • Keller, TX
Posted
I was READY to submit an offer on a MH last night (in Texas) with the intent of doing owner finance. It is not at a price where I will recoup cost with the "down payment" because of the market I'm looking to purchase in. However, at a 5 year hold, it would be a great ROI. Putting all numbers aside, exit strategies, etc.. HOW is FSBO done in Texas? Any links, names, etc. would be appreciated. I read about this on a BP discussion dated 4 yrs ago (which had a lot of back and forth), but I am seeing investors currently discussing owner finance. I have read on a Texas law site (linked by fellow BP Pro) and it states not many attorneys will draw up contract. I'm open to PM too. Should I look to other states for my FSBO business model? any input is appreciated. I'm here to learn.

Most Popular Reply

User Stats

722
Posts
340
Votes
John Arendsen
  • Developer
  • LEUCADIA & VISTA, CA
340
Votes |
722
Posts
John Arendsen
  • Developer
  • LEUCADIA & VISTA, CA
Replied

I would reach out to @Ken Rishel on the BP platform. He has a lot of information on subjects like this.

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