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Updated over 9 years ago,
Owner Financing
Hi Guys…
I have a client that has contacted me wanting to know if I could help set up owner financing for his properties. He has 2 SFR and 2 Triplexes. Total estimated value 550K. Gross rents are 5,800. He wants some money down and wants to be the bank. I think he is looking for something amortized over 20 years, but payable in 10. Resonable interest rate. Any ideas?