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Updated over 5 years ago on .

User Stats

20
Posts
2
Votes
Bobby Foggin
  • Parkersburg WV
2
Votes |
20
Posts

Negotiating Land Contracts

Bobby Foggin
  • Parkersburg WV
Posted

As a 20 year old college student, I can't get a standard bank loan without a cosigner, and I would rather just purchase properties using land contract. What are the biggest advantages to the seller to finance the sale? How can I convince them that it benefits them to finance it themselves? Their biggest concern is typically that I will let the property get run down and then quit paying them; any advice on how to gain their confidence that I will manage their property properly?