The Flip Side Of House Flipping—Owner Financing
In this week’s The Art of Passive Income Podcast, Scott talks with Mitch Stephen— 1000Houses.com.
Mitch buys houses with other people's money then sells them with owner financing, creating a positive cash flow stream without the headache of being a landlord.
Listen in as Mitch delves deep into his model and why it makes more sense to buy low and sell the house as is under owner finance terms as opposed to renting or fixing and flipping. He goes over:
- His formula for pricing
- Finding private money
- Types of properties he looks for
- Finding the deals
- The best states to buy in
And so much more!
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