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Updated over 15 years ago,
Wholesaling an Owner Finance
I have a property that has been sitting on my plate for a while.
The owner has finally agreed to offer owner financing at 5% with 5% down.
My price is 13,800 and I had a 4k fee attached. I've had alot interest in the deal and this should really get it moved.
Is there anything different that would need to be done? I would think that I would just have to have a contract amendment stating that the terms correct? And have the title office draw up the owner finance paperwork?
What do I need to do to make this happen?