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Updated over 9 years ago,
Seller Financin
Hi All
I wanted to findout what type of concerns others have encountered regarding owner financing on a property when the owner is able to carry the note.
I understand the number of benefits involved and this type of loan in my view keeps things simple. One of the Podcasts mentions an owner financing note may be sold but what other concerns exist? For example can i expect points, ballons etc.
My intentions would be a buy and hold. I would pursue a conventional mortgage after the rehab-BRRR technique.
Thanks
Ken