Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

57
Posts
18
Votes
Carrie Cavins
  • Keller, TX
18
Votes |
57
Posts

FSBO in Texas - how is this done?

Carrie Cavins
  • Keller, TX
Posted
I was READY to submit an offer on a MH last night (in Texas) with the intent of doing owner finance. It is not at a price where I will recoup cost with the "down payment" because of the market I'm looking to purchase in. However, at a 5 year hold, it would be a great ROI. Putting all numbers aside, exit strategies, etc.. HOW is FSBO done in Texas? Any links, names, etc. would be appreciated. I read about this on a BP discussion dated 4 yrs ago (which had a lot of back and forth), but I am seeing investors currently discussing owner finance. I have read on a Texas law site (linked by fellow BP Pro) and it states not many attorneys will draw up contract. I'm open to PM too. Should I look to other states for my FSBO business model? any input is appreciated. I'm here to learn.

Most Popular Reply

User Stats

726
Posts
340
Votes
John Arendsen
  • Homeowner
  • VISTA, CA
340
Votes |
726
Posts
John Arendsen
  • Homeowner
  • VISTA, CA
Replied

I would reach out to @Ken Rishel on the BP platform. He has a lot of information on subjects like this.

Loading replies...