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Updated almost 7 years ago,
A gutted owner financed.
Hello BiggerPockets forums, I need help on a couple of these questions if you have any tips or advice please help don't hesitate to comment or suggest a method on this.
So I'm going to reach out to a possible owner financed property, I've seen inside the property already it's a two bedroom full house offstreet parking. Now I want to obtain the property to live in but there's a dilemma. He started gutting already and also it's not much work new floors, new cabinets so on so forth. We're looking at about 10-15k in repairs.
So what are some tips to approach the owner with a owner finance contract? Also how would I be able to financially support updating what he had gutting. So please anything helps .