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Updated over 9 years ago on . Most recent reply

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21
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11
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Rami Shahmram
  • Fort Lauderdale , FL
11
Votes |
21
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Owner financing fort lauderdale

Rami Shahmram
  • Fort Lauderdale , FL
Posted

Hello BP,

I am a fairly new investor in Fort lauderdale, FL area. Recently I purchased a house from the bank, rehabbed it and now I am ready to sell it. I have few potential prospects that asked me if I am willing to finance the deal as an owner finance. I wanted to get any piece of information that is out there from experienced investors. What are the pros and cons? What should I be aware of and  basically any information will  be greatly appreciated.

Thank you!

Most Popular Reply

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1,151
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1,147
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Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
1,147
Votes |
1,151
Posts
Jeff Filali
  • Rental Property Investor
  • Broken Arrow, OK
Replied

I've sold several of my properties with seller financing. Its a great deal if you don't need to cash out.  You can usually get close to full value on your property and move properties fast. 

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