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Wholesaling
HomeForumsWholesalingWholesale Owner finance.
Josselyne Lugo's profile image
Josselyne Lugo's profile image
Josselyne Lugo
  • Wholesaler
  • from saginaw, MI
  • Member since Jul 11, 2015
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Josselyne Lugo's profile image
Josselyne Lugo's profile image
Josselyne Lugo
  • Wholesaler
  • from saginaw, MI
  • Member since Jul 11, 2015
Connect
Josselyne Lugo
  • Wholesaler
  • saginaw, MI
15
Votes |
74
Posts
Wholesaling

Wholesale Owner finance.

Josselyne Lugo
  • Wholesaler
  • saginaw, MI
Posted Dec 10 2015, 12:59

Hi BP!

I have a question for the more experienced wholesalers out here. 

I have a home under contract and my seller is open to owner financing. I have a cash offer on it but it is taking a bit longer for me to sell this property. However I have had several people interested in owner financing. My question is: is it possible to structure a wholesale deal for owner finance? If so how? The house is owned free and clear. The seller wants at least 20k down and 12 % interest. The asking price of the home is 100k for owner finance. I would really appreciate any feedback and direction on structuring this deal if it is possible.  Thanks in advance! 

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