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Updated over 3 years ago,
Owner Financing Questions
I plan to suggest an owner-financed deal in a couple weeks. The property is a headache for the owner and I don't have the capital to put 20-25% down yet. So, I believe owner-financing will meet both of our goals in this transaction.
Is there a comprehensive contract template out there or would we need to sit down with legal to write a unique one?
How would you structure terms?
Also, if you have any tips, forums, or episodes you'd recommend on this topic, I'd love to expand my knowledge.
With gratitude,
Joseph
- Joseph Hamer