Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago on . Most recent reply

User Stats

26
Posts
8
Votes

I need help with an example of owner finance

Jahbari McLennan
Posted

So I have a guy who is interested in hearing a pitch on owner finance on his building but I’m struggling to come up with an example or even know how to present it can anyone help?

Most Popular Reply

User Stats

123
Posts
79
Votes
Ralph Justiz
  • Realtor
  • Edmond, OK
79
Votes |
123
Posts
Ralph Justiz
  • Realtor
  • Edmond, OK
Replied

Everything is negotiable. Figure out a purchase price that makes sense and then adjust the down payment amount, the interest rate, and length of the loan. My wife and I purchased a duplex last year and did so using owner finance. We offered the seller 3 different options to choose from, we adjusted all three variables listed above so that each offer was different enough for the seller but we were still comfortable if they accepted. The seller choose the offer that benefited them the most and we were happy to get a cash flowing property. Win-Win.

Loading replies...