There are many problems you will have to fix that I guarantee you cannot see right now.If you do not have a down payment or any reserves I don't think you want to put yourself into that situation.

It only takes a bump of 2 points to stall a good market.Bryan, after 30 years in the business I learned never listen to people who guarantee what's going to happen in the market.

But I still netted an income I could live on.I figure for every 100,000 I pull the payment at 4% (I know there are now guarantees it will remain that low) will be approx. $350/mo.

NOO in low $ property is risky without lots of collateral backed by an investor and personal guarantee(s).

Never leave a guarantee for an uncertain.

It was fast and easy and they guarantee that you will pass.

A few have been around long enough and have sufficient knowledge to invest outside thier own area.No matter how good of a broker one might be, no matter how honest they may be, no matter how great the loan or portfolio, investors will have several issues and risks that should keep them close to home and the broker will find it difficult to overcome the guarantee of the return of the full investment, collateralization to the investor and liquidity when required.

IMOAs long as you can own the gun you may bear arms, I don't agree that you lose any guaranteed freedom.

When owner financing if you the buyer are getting non-recourse and no personal guarantee and didn't put much down then you are not losing much.When you have guarantees or recourse and have put considerable money down you have to have every exit covered to protect your capital at risk as a buyer.

You will have to personally guarantee any loans.