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Updated almost 4 years ago on . Most recent reply

User Stats

20
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Alex Geesey
Pro Member
  • Rental Property Investor
  • Denver, CO
3
Votes |
20
Posts

Seller financing/owner financing

Alex Geesey
Pro Member
  • Rental Property Investor
  • Denver, CO
Posted

I have a seller for a duplex who is currently having a bad experience with seller financing of another property. They said they personally knew the person and their family. Now the person isn't paying them. I found this information out when I asked if they would be open to seller financing and they seem pretty against it. 

Have you ever convinced someone of seller financing? How/What did you do that convinced them?

  • Alex Geesey
  • Most Popular Reply

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    Replied

    Hi Alex, I bought a property in Orlando in January of 20, The owner was not a fan of creative financing , Pretty much I came up with a credibility kit, showing that i'm employed, credit card payments I paid off, my 401k and last I volunteered my credit report and that was the clincher, So I did a lease purchase for 3 years with the owner. Maybe having something like that might help? 

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