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Updated almost 9 years ago on . Most recent reply

Benefits of Owner Financing?
We've located a great Duplex that the seller owns free and clear, so I was going to put owner financing on the table.
I was just curious about what the benefits of doing Owner Financing and then refinancing with a bank later Vs. just getting a traditional loan from a bank the 1st?
What exactly is the difference between refi and just getting a traditional loan?
Thanks for any input.