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Updated over 7 years ago on . Most recent reply

User Stats

54
Posts
36
Votes
Bryan Chuchta
  • Wholesaler
  • Raleigh, NC
36
Votes |
54
Posts

Buying and selling to current renters as owner financing.

Bryan Chuchta
  • Wholesaler
  • Raleigh, NC
Posted
I am looking to close a wholesale property that was rented to friends but current owner wants out. I was planning on wholesaling or flipping but have heard that owner financing can be a win win. The current tenants have been living in house for 2+ years and have been doing repairs themselves anyway. They are unable to purchase for one reason or another. Is there an option where I do owner financing for them? If so how does that work? Thanks

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