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Updated about 5 years ago on . Most recent reply
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I need help with an example of owner finance
So I have a guy who is interested in hearing a pitch on owner finance on his building but I’m struggling to come up with an example or even know how to present it can anyone help?
Most Popular Reply
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Everything is negotiable. Figure out a purchase price that makes sense and then adjust the down payment amount, the interest rate, and length of the loan. My wife and I purchased a duplex last year and did so using owner finance. We offered the seller 3 different options to choose from, we adjusted all three variables listed above so that each offer was different enough for the seller but we were still comfortable if they accepted. The seller choose the offer that benefited them the most and we were happy to get a cash flowing property. Win-Win.