Could someone explain owner financing? My understanding is that you find a great deal, use private or hard money to fund the deal. Market for residents that can't go to the bank so they come to you, they put down a n...
This seems like a silly question, but if I work out an owner finance deal, from an individual, does that loan show up on a credit report? and if so, how?Ben
Hi BP Pro Community, I'm interested in a property that has advertised seller financing. However, the seller is requiring 42% down, which is the pay-off the existing mortgage. I understand the seller doesn't want to tr...
I am looking at purchasing my first buy and hold rental property in Oklahoma City. I have talked to a couple of mortgage specialists in attempt to determine potential closing costs to backtrack into the purchase price...
Title may be a bit misleading but I have a simple question regarding loans and foreclosures. Is it considered a bad move to obtain a personal loan in order to purchase a foreclosure? I only ask because it seems to eas...
I have a friend who is willing to owner finance me on a two family he doesn't want anymore until I can refinance it myself and pay him off. We haven't worked out the sale price yet but I'm sure I will get it 10-20% be...
I have another Multi Family 6 unit in an LLC (looking to buy) also has a private loan for a little more than half. May be willing to finance the entire thing. If not though is it easier to get a loan in the llc since ...
Hello group, I have two houses that I purchased outright for rental property. The houses are both rented and have a two year lease. I am thinking about selling them, with owner financing. Would like to work with a...
what is seller financing all about and what are the advantages and disadvantages of this type of financing?
Hi, I'm a newer investor from Orange County CA with a couple of SFR's and I'm looking to sell one of them. My current renter has been there for a few years, has been an excellent renter and would like to purchase the ...