Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on . Most recent reply

User Stats

5
Posts
0
Votes
Michael Cox
  • Roanoke, VA
0
Votes |
5
Posts

Owner Financing

Michael Cox
  • Roanoke, VA
Posted

I have a deal for owner financing to put 4k down on 95k mortgage and pay 1% APR on a 30 year amortization for 5 years then it balloons. I am the one writing up the paperwork and need a little help/advice on what I need to have in the contract. I have a simple contract I use for my wholesale deals but I don't know what else I need to add for this type of different deal that I am actually stepping into instead of wholesaling. Any advice?

Most Popular Reply

User Stats

476
Posts
305
Votes
Monica Breckenridge
  • Rental Property Investor
  • Colorado Springs, CO
305
Votes |
476
Posts
Monica Breckenridge
  • Rental Property Investor
  • Colorado Springs, CO
Replied

These types of transactions you probably would need to seek help of an attorney. I do these transactions, but every transaction is different. I don't like to give any advice on these because it's so easy to screw something up.

Loading replies...