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Updated almost 1 year ago,
Owner Financing or Rentals
Hi all!
Im at a crossroad in my business and deciding what path to go down. I’m looking for all recommendations and opinions. I am in between selling my flips as owner finance or keeping as rentals. I get DSCRs on both models and either wrap them or rent them out as normal. I charge 10% interest on my owner finances with 15-20k down. Average prices of these houses are 130-220k. At the end of the day I get roughly $500 a month for 30yrs from those. For rentals I get a few hundred but am paying off the loans, building equity. I don’t know what the smartest route is on these. Would love to hear from everyone!
Thanks,
Christian Walker