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Updated about 5 years ago on . Most recent reply

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Jonathan Farber
  • Rental Property Investor
  • Medellin, Colombia
215
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Owner financing with a broker?

Jonathan Farber
  • Rental Property Investor
  • Medellin, Colombia
Posted

It seems like owner financing will become more popular in this post COVID world with banks tightening.  It seems like most people talk about owner financing in a direct to seller deal.  

Any tips or structure ideas for doing owner financing on a deal that has a realtor/broker involved.  What are the challenges to doing this?  

@Jay Dertzbaugh @Taylor L. @Justin Fraser

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Taylor L.
  • Rental Property Investor
  • RVA
4,682
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Taylor L.
  • Rental Property Investor
  • RVA
Replied

I think @Todd Dexheimer has done some owner financed deals through brokers. My deals have all been bank financed and demand has been so high for multis in this cycle, that every deal I've come across ended up going a bank financed route. I would expect this strategy to only be viable on hairy properties that have low occupancy or some other reason that they won't qualify for typical financing.

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