All Forum Posts by: Bosque Moore

Looks like Anderson is pretty rural, I’d say it’s not a lot of growth in that area, but good affordable and safe rentals are always important. 

@Rick Pozos, thank you for the insight

Novice question!  If a property is being owner financed to a buyer, taxes, insurance, etc. are expenses that the buyer covers.  As with conventional lending, this is part of the note and set aside in escrow oftentimes.  

Do most investors include the same language in the sales contract when executing an owner finance deal?  i.e., are these built into the promissory note and sales agreement, and is it outlined as would be with traditional lending (mortgage due, interest, taxes, etc.)?  Does the same work for insurance? 

Hello fellows... I'd also be interested. Chance, thank you for sharing the website to the REI, I'll look up their meetup opportunities.