From my perspective I buy owner finance on a WRAP.I look for desperate landlords wanting to sell.I go 30 year am with a 5% to 5.5% rate and refi out in 5 year balloon.I put nothing down except closing costs.Yes many sellers will not agree to this but I am only looking for a few and YES you can find them.If someone wants a high interest rate at 8% etc. then I tell them I will have to lower the offer price substantially to offset the higher debt service so that I can cash flow.A sellers can't get paid NOW with as higher spread and the buyer gets no cash flow AND get a high price down the road.I call that an unmotivated seller.Most owner finance are happening with WRAPS these days around the senior mortgage.The key is If I put little to no money down and the senior loan is called and I can't refi out I really haven't lost anything because I had cash flow and just lose the property.If I have built up forced equity I will be able to retire the senior note anyway.Now if I did owner finance with a WRAP as a buyer and put 20% down then I have a ton to lose if the note is called.This is why not all owner finance deals are good.I know some buyers that agree to any owner finance just to own a property and they are going negative every month now since extra repairs and lower rents hit them.So yes Mr.Seller I can give you more on purchase than a cash buyer and you are owner financing me but it still has to make sense.

And with good leverage and wider spreads, parts of this market are a no brainer.

Can go up to 23.9% with the license, but this seems like I'd be giving up one of the biggest points of profit by not getting the spread when I find discount properties.Any feedback or ideas would be greatly appreciated!

When i come across a great property with a good spread and decent rental return, I will go into the property, trash it out, paint walls, ceiling and doors one color.

The constant pressure for say a possible 5 weeks with media and practice could not be handled academics would not get done.

My properties are spread out through out four states.

Hi Eric:Sandwich Lease Option = you lease purchase from owner seller, then sublease and sub option to tenant buyer for spreads in rent and option consideration at movein and back end when the house is purchased.Cooperative Assignment is when you lease option and assign to tenant for a fee, with the owner knowing all about what you are doing.

The new site will make it easier for visitors to learn more about our efforts, and to spread the word about NARHRI.

Don't let the media fool you, there are plenty of buyers out there and there is plenty of financing available (FHA).I'm not sure where Toledo is headed.

I was wondering if some of you that advertise out of the US what are your considerations when looking at a venue of WEB, PRINT and other media of selling a property.