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Updated over 1 year ago on . Most recent reply

User Stats

34
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Kris Allen
  • Flipper/Rehabber
  • Toledo, OH
24
Votes |
34
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Paying insurance and taxes on an owner financed deal

Kris Allen
  • Flipper/Rehabber
  • Toledo, OH
Posted

Good morning! I’ll be closing on my first rental property in a few weeks. It’s an owner financed deal and I’m curious to how most people pay the insurance premiums and taxes. Do you find a 3rd party escrow company and pay ahead like a traditional mortgage? Do you just pay your premiums monthly and taxes when they are due?

  • Kris Allen
  • Most Popular Reply

    User Stats

    18,951
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    Chris Seveney
    • Investor
    • Virginia
    16,483
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    Chris Seveney
    • Investor
    • Virginia
    ModeratorReplied

    @Kris Allen

    Ohio check out bifils.com

    Bifi loan servicing

    • Chris Seveney
    business profile image
    7e investments
    5.0 stars
    1 Review

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