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Buying & Selling Real Estate

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David Stone
  • Real Estate Agent
  • Columbus, OH
9
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76
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Should I use Owner Financing?

David Stone
  • Real Estate Agent
  • Columbus, OH
Posted Aug 27 2016, 06:14
Looking at at buying 3 duplexes from one owner. ($200k+) This would be my first investment besides my house which has like 35k in equity. I don't make very much ($22k/year). So I'm wondering if the seller financing would be better than the traditional bank option? Not really sure exactly how selling financing works exactly. As far as length of loan and interest rates.

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