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Updated over 7 years ago on . Most recent reply

User Stats

270
Posts
53
Votes
Westin Hudnall
  • Investor and Real Estate Agent
  • Maize, KS
53
Votes |
270
Posts

How to convince a lender to let me owner finance my properties?

Westin Hudnall
  • Investor and Real Estate Agent
  • Maize, KS
Posted

I currently have almost 40 rentals and due to large maintenance bills and maintenance  headaches ; I want to dive into owner carries.(no maintenance, higher monthly cash flow etc)

I need to get some lenders on board.  The deals I have access too are typically 50% of arv. I know plenty of saavy investors have figured this piece out so please only comment regarding advice and ways to convince lenders on the benefits of them lending to me and allowing me to then carry a note and mortgage for a buyer.

Thank You

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