Buy Owner Finances Properties on CL... Yes or No??

Question

I am trying to get into Investment Properties. I would like to buy and hold and also flip when I have some capital built up.

I have no major capital at the moment to invest with - my question is -

Is it a good idea for someone with little or no capital to buy owner financed properties on Craig's list for rentals to start building inventory?

Thanks!!!

Jocelyn

Wayne Brooks · Answer

Most owner finance offers are from investors and catered to those with bad credit, so few choices, so these properties generally are offered at inflated prices and interest rates....not generally any bargains.

Tyson Hosey · Answer

@Jocelyn Evans related question... how do you know they are owner financed? are most of them on CL FSBO?

Buy Owner Finances Properties on CL... Yes or No??

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