Owner Finance Purchase

[Lawrence Adair]

Hello, I’m going to be purchasing my first owner finance deal this year in San Antonio. Can anyone offer some insight or good practices to do when purchasing. Also I’m having trouble of thinking about the highest and best use for the property, as it will become an investment property. 

[Rick Pozos]

You said that you dont know the highest and best use for the property?? Do you have a property under contract?? OR are you just wondering whether you should rent it out or do short term rental or something like that?

Each strategy comes with its own benefits and drawbacks. Long term does not make much money, but less work. Shorter term is much more work, but more money also.

YOU have to decide what is best for you, your working life and family situation.