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Updated over 1 year ago on . Most recent reply

Kris Allen's profile image
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Kris Allen
  • Flipper/Rehabber
  • from Toledo, OH
  • Member since Feb 10, 2020
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Kris Allen's profile image
Kris Allen's profile image
Kris Allen
  • Flipper/Rehabber
  • from Toledo, OH
  • Member since Feb 10, 2020
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Kris Allen
  • Flipper/Rehabber
  • Toledo, OH
24
Votes |
34
Posts
General Landlording & Rental Properties

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?

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    Chris Seveney
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    Chris Seveney
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    ModeratorReplied

    @Kris Allen

    Ohio check out bifils.com

    Bifi loan servicing

    • Chris Seveney
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    7e investments
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