Acquire a property via owner financing, the refi?

[Fred Shandler]

Is this possible? I recognize that it would have to be allowed contractually, but is this a strategy that anyone has used?

[Jason F]

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.