I plan to offer owner financing to others that can't get a loan.

The current owner listed last years income as $51,000, but currently has rents at (for the five separate units): $650, $750, $800, $825, $1125 (the math doesn't totally add up so maybe he changed a rent payment at some point). 

When you’re deciding whether to lend to someone, what do you look at first?

I carry the standard home owner insurance and a separate $1M liability policy. 

But once I got the bills, I increased the rent with the tenant's approval and signed an addendum to the lease stating the rent increase would be X and the owner would take over utilities.

January rent has not been paid to the property owner, as I am sure the lease spells out, but to someone else.

Purchase price: $98,500 Cash invested: $15,000 owner financed on duplex, bought from a friend of the family. hopefully many more to comeHey @Jeffrey Eschbach, welcome to the BP Forum!

We will be moving but I like to owner finance what is left on the mortgage at a higher interest rate because I do not need to pay it off to qualify for our next home. 

Does this mean the realtor does not have exclusive rights to sell the property and the owner is probably advertising the same property on one of those by owner sites?

Is this for props that have a foreclosure filing against them so you can get to the actual owners for a pre foreclosure purchase ?