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Updated almost 8 years ago on . Most recent reply

Derrick W.'s profile image
Derrick W.'s profile image
Derrick W.
  • Investor
  • from Bryan, Texas
  • Member since Jul 25, 2016
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Derrick W.'s profile image
Derrick W.'s profile image
Derrick W.
  • Investor
  • from Bryan, Texas
  • Member since Jul 25, 2016
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Derrick W.
  • Investor
  • Bryan, TX
82
Votes |
165
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General Real Estate Investing

Need feedback!!! Buying an owner financed house?

Derrick W.
  • Investor
  • Bryan, TX
Posted

I have a lead on a decent sfr that is for sale but not yet on the market.  Owners (investment group) will consider financing it for me. This is scary as I have never gone this route.  How would I go about doing this and protecting myself?

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Jeff Rabinowitz's profile image
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Jeff Rabinowitz
  • Investor/Landlord
  • from Farmington Hills, Michigan
  • Member since Dec 7, 2011
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Jeff Rabinowitz's profile image
Jeff Rabinowitz
  • Investor/Landlord
  • from Farmington Hills, Michigan
  • Member since Dec 7, 2011
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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
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Jeff Rabinowitz
  • Investor/Landlord
  • Farmington Hills, MI
Replied

Only buy if the price is good. Only agree to the owner financing if the terms are favorable.

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