Updated about 17 years ago on . Most recent reply
Acquire a property via owner financing, the refi?
Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?
Most Popular Reply
I love this method. I bought a house a couple of months ago from a lady that owned it outright and she agreed to hold the financing for a year with a little bit down.
I think this is one of the simpliest and most often overlooked way to buy RE. Its even better if you are a new investor.
Plus it is far easier to negotiate with a seller who stands to make a lot of money either way, than with a bank or HML.