Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Using BRRRR Strategy with Owner finance/land contract
Hello, I have found a guy who is trying to sell some duplexes at $65k each which will need about 10-15k in repairs in the next 5 years or so. I am thinking about asking him if he would consider doing owner financing for 6 months until I can refinance and pay him back. I have never done owner financing before and wanted to get peoples opinions as to whether or not this is a good idea