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Updated over 11 years ago,

Jordan L.'s profile image
Jordan L.'s profile image
Jordan L.
  • Real Estate Investor
  • from Coconut Creek, Florida
  • Member since Jan 28, 2013
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User Stats

97
Posts
35
Votes
Jordan L.'s profile image
Jordan L.'s profile image
Jordan L.
  • Real Estate Investor
  • from Coconut Creek, Florida
  • Member since Jan 28, 2013
Connect
Jordan L.
  • Real Estate Investor
  • Coconut Creek, FL
35
Votes |
97
Posts
Buying & Selling Real Estate

What is owner financing? What are the advantages and disadvantages?

Jordan L.
  • Real Estate Investor
  • Coconut Creek, FL
Posted

I'm looking at a multiunit property and the owner is willing to do owner financing. I have some knowledge but I never walk this route before. Is there a down payment, does the owner run your credit? Will the bank know the owner is doing it? What are the stipulations with going this route?

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