Much owner financed real estate is done to either sell property that won’t qualify for financing or to sell for a higher price to someone who wouldn’t qualify for financing.  

There are a lot more condos coming on the market now: a lot of people are looking to sell after the strong appreciation in the past few years and there are thousands of new units being added by new development projects that are now being completed. 

You have the rights to sell the property, and the remaining profit will be waived. 

I do ground up construction in columbus that meets those numbers. developers do the same and sell at a 7% cap rate or 8% cap rate and cash out on 20% built in equity.

Would you pay for a subscription model say $1000 a month where you got access to knowledgeable investor agent who had zero stake on if the transaction closed but provided you with local knowledge, strategies, ran comps, looked over deals, even looked over home inspection reports, talked in the phone, basically a consultant (you could possibly tack on services like writing offers or seeing a property in person) my thought is if you buy a property relatively quickly, it’s much cheaper than paying 2.5% even if you end up paying for the service for a few month’s and realize it’s not a good time for you to buy you are only out a few thousand dollars as opposed to hundreds of thousands of dollars, this would basically take the agent’s need to sell you a home out the process, presumably there motivation would be to keep you subscripted for as long as possible but you could easily just cancel and if you were interested in buying later resubscribe than.

This seller bought it for 7700 and selling it for 40k.

The owner has an LLC that he uses because it is a business for him to sell property and finance it for individuals.

Account ClosedI would contact them to see if they are interested in selling and ask what price they would want for their unit.

Deal ended up falling through and selling maybe 18 months later.

We're just 6 months into payments, and want to keep the loan if we sell the tiny home to build out an attached ADU to code.