Owner Finance
What is everyones outlook on Owner Financing?
There is a possibilty that this may be the an option for my first deal...
I have an older lady trying to sale her home because she no longer wants to have responsibility.
She has a tenant already in place that she wants to make sure is taken care of... she always wants this tenant to have the first option to buy the home.
I am going to offer her to buy the house through owner financing (6 year term) and then offer the tenant the rent to own option.
Any feedback?