All Forum Posts by: Cristhian Diaz

Okay thanks John.

Brian, 

Im an Investor (Newbie) and the seller would be owner financing the property to me. (sorry for the misunderstanding).

The seller has a house that he has not listed for sale yet. I asked him if he would consider owner financing me the property since he is not willing to go down on his price. He told me if the numbers look good he would accept.

 The seller inherited the house last year. He wants 280k for it but my calculations show me that it would sell for 265k. Similar homes in that area are renting for about $1,650/month . I would like to get the price to 265k and payments of $1,000  (30yr 2%interest) a month being that expenses  add up to about $400 a month. Do you think this would be a good deal on my side?  

Thanks, 

Cristhian.

Hey BP!

I have a customer that wants to do owner financing. I have a standard contract which has the blank line to fill in terms. If my client says that he prefers his attorney to make a specific financing contract with our agreed terms, how would I go from there? My contract still needed for my due diligence?

Thanks.