What i should look for if i am acting as the bank and owner financing.
I am new to real estate investing, i have a property that someone is interested in they want me to owner finance the deal. It seems like I would be taking on more risk then if i just sold it, can i ask for a higher price or a higher interest rate for the additional risk?
There must be a reason he would like me to owner finance the deal.
What do you guy think about owner financing?
Ken Fricke