I want to buy a property – can I take over the payments?

Question: “I have a seller with a property that has a mortgage. I don’t have a way to borrow money to buy the house. Can I just take over the payments on owner’s mortgage?” Answer: “The answer is maybe. The most important thing is whether or not the seller is [...]

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Using Owner Financing to Turn the Tide on a House that’s not Selling

Question:  "I am trying to sell three houses for cash.  But I’m also looking into selling it on owner financing or put it on a lease option.  I know that if I lower the cash price, I would be able to get rid of the property but I’ll just end up breaking even. [...]

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How to make a sweet owner financed deal even sweeter

The great thing about owner financing is that you get to create the terms. That means you can introduce all sort of creativity into your offers.    On the one hand, you can get into the habit of making seller financed offers every time you make an offer. When you make these offers consistently, some of these offers will [...]

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