Updated about 10 years ago on . Most recent reply
Help lol
What's up BP family! If you buy a property using owner finance, could you then lease that property out asking for a bigger down payment and a higher monthly payment?
Exp
Buy a house using owner finance
-$3500 down 1180 monthly payments at $120k for the property
Then lease it to a tenant buyer who will make a down payment of $10k and pay $1500 monthly payment at 140k for the property once they refinance.
I will get $6500 at closing, monthly cash flow of $300, and get about $20k profit on the back end.