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Joe Thompson's profile image
Joe Thompson's profile image
Joe Thompson
Pro Member
  • Investor
  • from Sacramento, California
  • Member since Sep 12, 2010
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Joe Thompson's profile image
Joe Thompson's profile image
Joe Thompson
Pro Member
  • Investor
  • from Sacramento, California
  • Member since Sep 12, 2010
Connect
Joe Thompson
Pro Member
  • Investor
  • Sacramento, CA
6
Votes |
14
Posts
Private Lending & Conventional Mortgage Advice

Owner Financing

Joe Thompson
Pro Member
  • Investor
  • Sacramento, CA
Posted May 2 2015, 21:15

Hi Guys…

I have a client that has contacted me wanting to know if I could help set up owner financing for his properties. He has 2 SFR and 2 Triplexes. Total estimated value 550K. Gross rents are 5,800. He wants some money down and wants to be the bank. I think he is looking for something amortized over 20 years, but payable in 10. Resonable interest rate. Any ideas?

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