owner financing - first time

[Julia Puig Jordan]

Hello,

i have a property in Houston market up for sale or rent and think about adding owner financing as well.

The house value is $ 185.000.

How much would $ you recommend for downpayment, for expected appreciation ( this market appreciated 5 to 12 % last 3 years) , would you have different amounts for a 1 year, 2 year, 3 year financing? Would you recommend a lawyer? I am a real estate agent myself but have never done a owner financing and have heard it's not recommended to do them as a agent yourself.

Thank you for your recommendations,

Julia