I'm considering owner financing in order to sell a rehab. I've read some threads on here but I've never used OF. So I'm looking for some BP advice:

Sales Price-$67,000
Down Pmt-$15,000
OF Loan-$52,000
Interest Rate-...

How does hard money work ? Or would a bridge loan work better ? Or are they both the same thing - please help a new guy out

Thanks
Matt

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