Any Advice on Owner Financing?..
Hey BP.
Currently have an offer in on a property. The seller/owner is willing to do owner financing. Zillow has it for 200 + and the county has it listed as a multifamily. We have agreed to write up the contract for 150. with 10% percent down payment.
I have never done an owner finance before, my question is what are some of the things i need to have in writing to cover myself, and what do i need to know going into this deal?.