If you cannot, you will have a hard time getting a conventional loan. 

Commercial financing has higher interest rates and shorter terms with balloons.If I were to start over today, the first 10 properties I would buy would be 10 4-plexes with conventional loans.You asked about owner financing.

The principal amount of this Loan together with accrued and unpaid interest and all other charges, costs and expenses, is due and payable on or before DATE.

I have been doing it for 4 years now, it is not a great source of income, more work, some of them are demanding, but better than having a vacancy.If you are not responsive, you might have vacancy.I basically charge little higher and make them pay one rent everything included.Provide everything except cable.

I've tried several ways of handling this, but the most successful strategy I've found is to have the tenants submit a paint swatch, and once you've approved it, you can hire painters (or paint yourself) to paint it that color, while charging the tenants for time + material.

But, if your investment makes 25%, you can swallow the high interest for a time period until you can re-fi into a conventional loan.Keep pushing! 

This past winter, my tenant contacted me about an outrageously large water bill. I immediately suspected an issue with one or more old toilets with brass innards, and my plumber confirmed that two were quietly trickli...

Commercial rates on SFRs are somewhere between conventional full doc loans and hard money. 

If so I wouldn't try to charge them as it has been working this whole time.Also sounds like you need a new AC guy.

It works fine for me because I just use it to fit my schedule but I think it would be difficult to use in a conventional sense.