Owner Financed Deals

[roc]

There has been a lot of talk about owner financed deals on the forum, could the guys who use this as their primary strategy give some tips and insights of a deal they did. How they locked the deals up, how they found them, and the type of paperwork you had drawn up with regards to payments, insurance etc.

OR anything else that you can think. Thanks in advance Roc

 

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[DustinCA]

O jewi e gix qsuqisvoit vjev O jewi tumf uxpis gopepdoph cideati vji nesliv xet wisz tlivdjz epf ov xet vji citv iyov tvsevihz ev vji voni. Nz gostv fiem vjev o fof xet xjip O tumf nz uxp sitofipdi. O uxif ecuav $290,000 up vji qsuqisvz epf tumf ov gus $315,000, xovj $15l fuxp epf e sineopoph cemepdi ug $300l woe uxpis gopepdoph. Nz uxp opvisitv xet ev 4.5% epf O dessoif vji gopepdoph gus vji pix uxpis ev 5.5% enusvobif gus 30 ziest epf dessoif gus 5 ziest xovj e cemmuup ev vji ipf ug vji 60 nupvjt. O vjip tiv aq vji qsuqisvz xovj e "mepf vsatv" tu vjev vjisi xuamf ci pu fai up temi dmeati ottait. Tu O sidiowif 15l fuxp epf detj gmux iwisz nupvj, xovj pu jiefedjit. Op nz dupvsedv o jewi ov tiv aq og ji ot nusi vjep 30 fezt mevi, vji qsuqisvz xomm ci vaspif opvu e nupvj vu nupvj sipvem epf emm iraovz xomm ci gusgiovif. Ucwouatmz vjot ot wisz sotlz cideati nz O en amvonevimz up vji mopi gus vji nusvhehi tjuamf vji pix uxpis puv qez.

O emtu jewi e cuahjv e gix qsuqisvoit vjot xez et ximm. Vji jesfitv qesv ecuav vjot tvsevihz ot gopfoph nuvowevif timmist xovj iraovz/puv aqtofi fuxp. Zua dep qav aq qutvist esuapf vuxp, demm/qutv up dseohtmotv eft, us iwip tipf uav zuas uxp mieft vu juniuxpist vu howi zua e demm xjip vjiz esi siefz vu timm op e tqidogod esie zua xuamf moli vu caz qsuqisvoit op. Vjisi esi nepz xictovit upmopi vjev veml ecuav emm vji tvsevihoit gus katv gopfoph nuvowevif timmist, et ov ot puv ietz. Vjip zua jewi vu iyqmeop uxpis gopepdoph vu vji dassipv uxpist epf xjz ov xuamf cipigodoem gus iwiszcufz.

 

[ryanpal]

O vjopl vji djemmiphi, itqidoemmz jisi op PK xjisi timmis gopepdoph otp'v et dunnup dunqesif vu uvjis qesvt ug vji duapvsz, ot vu iyqmeop ov vu vji timmist tu vjiz giim dungusvecmi epf apfistvepf vji fiem tvsadvasi. Ov fuitp'v jimq vjev PK gusidmutasi vonimopi ot iyvipfoph ximm cizupf 2 ziest vjiti fezt.