Updated almost 6 years ago on . Most recent reply
Best book on getting owner financing
New to real estate investing. I know of an owner that has a few properties sitting that he feels cost to much to fix and rent and or doesn’t want to have the headaches of renting in his current market. I grew up with his sons and feel I could get him to owner finance his properties to me.
What is or are the best books on this so I can do my due diligence before approaching him.
I am and have connections I multiple contractors to perform the work. Thought was to get property owner financed- get someone in it.. put away the positive cash flow and get the curb appeal of the property up. Whenever the time frame allows get the property re appraised. Then try to get a bank to allow me to dip into the equity or against that property to get another or for other venture. Is this do-able or pipe dream?