Owner Finance

[Jonathan Loynaz]

Hey BPers, So I've been doing my wholesale direct marketing to absentee owners for about 2 months now (2 touches so far) with no luck of a good deal. They've all been unmotivated and wanting retail price. My plan has always been to wholesale until I can fund my own flips, then buy rental properties because I currently have no money or credit. I've been looking into owner finance and was wondering if it's a good idea to offer owner finance still at least 15% below retail then rent it out, use rent to own, or put a few thousand dollars into it if it needs it and sell it. I feel like my market is over saturated with wholesalers who are dominating so I'm looking for a way around my problem. Any advice or suggestions would be great. Thanks guys!