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Updated about 6 years ago,
Owner financing, what is a good deal?
What’s going on guys? Just starting my investing journey. Wanting to house hack and buy a duplex and live in one side. I currently have my house for sale and I don’t have much equity in it. Roughly 15k after I pay closing etc. I have my eye on a duplex. It’s in the flood zone so to get out of that I’d like to do owner financing but not sure how to negotiate the terms on that. What’s a good interest rate? How long are the terms for owner financing? Any other advice would be great, thanks!!!