Owner finance in Pennsylvania

[Elisa Eesley]

Investment Info:

Single-family residence other investment in Northern Cambria.

Purchase price: $12,000
Cash invested: $12,000

Bought with cash, Owner/Seller Finance, Repeat aka BOR method.

What made you interested in investing in this type of deal?

It's an opportunity to offer affordable home ownership. It is also a passive method.

How did you find this deal and how did you negotiate it?

I originally learned about it from Moneeka Sawyer's podcast "The Blissful Investor". She was introducing the Flipping America Buyers' Club started by Roger Blankenship.

How did you finance this deal?

Cash & Solo401k

How did you add value to the deal?

NA

What was the outcome?

I am waiting to close this month.

Lessons learned? Challenges?

I had to overcome analysis-paralysis. Focusing on the opportunities to provide low income home ownership and generating cash flow.

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Dmitriy Formichenko helped me with my Solo 401k. Roger Blankenship introduced me to this method.