Is Owner Financing Good for a Condo?
I just spoke with a motivated seller of a 2bd 2ba condo that is free and clear. She is asking $169k which I will negotiate down. She has agreed to owner financing but before I discuss the terms with her I want to know if it's a good idea to do it or not. My initial goal was to do airbnb with it but I called the leasing office and found out it's not allowed. What are some thoughts you guys have? Also how would you structure the terms?