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Updated over 13 years ago on . Most recent reply

Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
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Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
Connect
Mike Nelson
  • Wholesaler
  • Washington, D.C
94
Votes |
449
Posts
Buying & Selling Real Estate

Owning Owner finance properties as rentals???

Mike Nelson
  • Wholesaler
  • Washington, D.C
Posted

I've read on here multiple times about owning rentals through owner financing. This means that you I would look for other investor who are willing to owner finance their homes, in turn I would find someone to rent this property and cover the mortgage for this property?????

Someone please help me understand this process, I'm really confused and I would like to learn more about this.

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Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
Connect

User Stats

449
Posts
94
Votes
Mike Nelson's profile image
Mike Nelson's profile image
Mike Nelson
  • Wholesaler
  • from Washington, D.C
  • Member since Aug 4, 2011
Connect
Mike Nelson
  • Wholesaler
  • Washington, D.C
94
Votes |
449
Posts
Mike Nelson
  • Wholesaler
  • Washington, D.C
Replied

Brian - please help me understand this, how does is it possible for the owner to get a return again? Let's say the mortage is $1000 a month and the property can generate $800 a month in rent. How would you make a deal like this?

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