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Updated about 2 years ago,
Seller Financing Pros and Cons
Hello BP, my name is Hunter Reed I am a rookie Investor. I am currently reading "Investing in real estate with no and low money down" by Brandon Turner. I have discovered seller financing and the creativity behind the concept to fund an investment property. I'm looking to get skin in the game asap while I wait on getting pre-approved. My question to the BP community is what are some Pros and Cons of utilizing seller finance? Maybe some of you have used this method in the past. Did the concept pay off or was it a failure? I am also aware of the due-on-sale-clause as well as potential higher interest rates. Any feedback would be greatly appreciated. Thank You.
Sincerely,
Hunter Reed