Seller financing, also called owner financing, is when the property owner acts as the lender: instead of the buyer borrowing from a bank, they make payments directly to the seller over time under agreed terms.
Log in to followBuyer came in on a 3/2 in a stable working class pocket, nothing special about the house, I've owned it free and clear for years. He wants a 30 year amortization with a 5 year bal…
Tenant of five years asked to buy the house. Never late, not once, has the rent receipts to prove it. We've talked around 410k, she can put 41k down, and she can't get a bank loan…
Eight units, brick, all one and twos, I own it free and clear and have for six years. Gross scheduled rent is about 96k, NOI last year was 58k after real management and real capex…
I have a 1.1 acre vacant lot I've been trying to sell for 95k. Been listed nine months, two lowballs, and now someone wants it for the full 95 if I'll take 10k down and payments o…
Four unit, bought at 415k, put 90k into it, all four units now leased at market. Two offers, both bank contingent, both wobbly on the appraisal because there is not much comparabl…
Seller I do listing work for owns a side by side duplex free and clear, both units rented, asking 340k. Two conventional offers fell apart on appraisal and financing, and the thir…
Closed last week on a carry I've been building for two months and I already have a problem I didn't write into the note. The deal: 3/2, 1,450 square feet, full gut, sold at 312k.…