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Updated about 7 years ago on . Most recent reply
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How do you market owner financing?
I am close to getting a house under contract sub2 and will be going out and trying to sell it in a wrap around financing situation. What strategies have you guys found successful for finding end buyers? I already plan to post adverts in posltets, but don't have much to go from outside of that.
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I'm glad you loved the podcast!!
I personally stay in non rural areas because I want to have the biggest pool of available buyers that have 10% as a down payment. i find as you get more rural people want to give you 5% or less.
As far as marketing, sub2 homes are in the same marketing lists as all of your other houses. The only thing is that you may want to cater to low to no equity deals since that something that is uniquely subject to.
And when marketing you need to be aware of the TILA "trigger terms" which at it's core means just stay away from putting terms on advertising. You can say something like "low down payments" but you can't put any numbers or you have to disclose a bunch more stuff.