Buying rental properties on seller finance

Buying rental properties on seller finance

Member since 2019 · 2 posts · 0 votes

Hi! My husband and I are wanting to buy our first rental property. There is a house near us that is already set up as a tri-plex rental. It is listed through a real estate agent but we were wanting to see if they would do owner financing. How do you go about initiating that especially if it isn't listed as a seller financing deal? 

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  • Nathan GesnerBusiness Member
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    Real Estate Broker · Cody, WY · Member since 2010 · 28k+ posts · 41k+ votes
    6y
    Originally posted by @Jeanette Molina:

    Hi! My husband and I are wanting to buy our first rental property. There is a house near us that is already set up as a tri-plex rental. It is listed through a real estate agent but we were wanting to see if they would do owner financing. How do you go about initiating that especially if it isn't listed as a seller financing deal? 

    Contact the listing agent and ask them. I personally recommend you work with your own agent to represent you, preferably someone that has experience working with real estate investors and knows how to structure an owner-financed deal.

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  • Member since 2019 · 2 posts · 0 votes
    6y

    @nathan thanks for the advice!

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