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Updated almost 9 years ago,
Owner Finance Deal
I have looking for a decent rental opportunity for last couple months. This weekend i came across a sfr that is selling for $50,000. Unit is currently rented for $900 and tenant wants to stay. In talking with owner he is willing to owner finance. Just wants to get out from it, including owner finance. I would appreciate any advice on how to handle this deal from here. Looking for creative ideas? Thanks in advance.