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Updated over 3 years ago on .

User Stats

24
Posts
11
Votes
Scotty Gifford
  • Realtor
  • Houston, TX
11
Votes |
24
Posts

Owner financing my rental

Scotty Gifford
  • Realtor
  • Houston, TX
Posted

I have one property that has residents that wish to purchase the property from me and another that is a renter that I wish to help find a place to purchase and then owner finance that place to them. I do and will have an underlining mortgage on the properties (Wraparound mortgages)

The question does anyone have a great real estate attorney (Houston) that they can refer to me that can help me with this?

Also, any additional advice or assistance with this would be greatly appreciated if you have any personal experience in this arena.

I recently read (twice) Mitch Stephen's book on the "art of owner financing", a great read. I wish to try out this method, instead of just being a landlord. This book has had the same impact on me as a lot of people who read "rich dad, poor dad" did it on them. (A mind shift)

Thanks in advance!

Scotty