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Updated about 10 years ago,
buying my first owner financed deal. help
I need to know how to structure the deal as far as the forms and contracts I'll be needing.
the owner doesn't owe a mortgage.
she has agreed to owner finance the house to me in exchange for a higher purchase price.
ARV $120k . REHAB. $35k. Punchase Price $30k. Without owner finance.
e haven't talked about the financed price yet. But I have lots of room for negotiation.