Owner Financing
Is this a good way to buy your first property? Can anybody please tell me what the negatives might be and what I should ask the owner?? Thanks for any help!!
Is this a good way to buy your first property? Can anybody please tell me what the negatives might be and what I should ask the owner?? Thanks for any help!!
Private financing is the way to go.
Ask them if they would be interested in
making 7-12% secured by real-estate.
Once you realize the power of private money, you will be on your way.
Best Riches,
Jeffrey Adam
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I would go with a first time homebuyers program on any 1st property. This would establish a credit history of mortgage payments.
You only get this opportunity once.
But if you go with owner financing then I would agree with Jeff.
Lori
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