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Updated about 6 years ago on . Most recent reply
Owner Financing...Would you?
I need your input in analyzing a potential deal. I'll be brief, but please ask follow up questions and I'll provide any details needed to provide context.
The basics: A 2br/1ba home was "won" at a chancery court auction for $37k. Tax appraisal valuation = $70k.
New owner wants me to finance because traditional financing options are just out of reach.
Which begs the question....would you? Any other strategies you might employ in this situation?