Buying rental properties on seller finance

2 Replies

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? 

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.