EQUITY NOTES 0 Report post Posted January 15, 2010 Hi I have not seen any posts regarding owner financing when the lease term expires Have any of you (just wondering) used owner finance or advised seller to try as a way to get home financed ? ThanksTom Share this post Link to post Share on other sites
Tmartinloan 0 Report post Posted January 15, 2010 Hi I have not seen any posts regarding owner financing when the lease term expires Have any of you (just wondering) used owner finance or advised seller to try as a way to get home financed ? ThanksTom Hey Tom I have thought about taking over foreclosures, if I can get the deed. Then bring the mortgage current and offer owner financing. The key would be to find homes with enough equity. Thomas Martin911loan@gmail.com Share this post Link to post Share on other sites
MichaelC 160 Report post Posted January 15, 2010 Hi I have not seen any posts regarding owner financing when the lease term expires Have any of you (just wondering) used owner finance or advised seller to try as a way to get home financed ? ThanksTomtom, if a homeowner is willing to offer seller financing to the t/b, it makes for a great marketing tool, in addition to what a typical lease option offers. So if you find a willing and able homeowner, jump on it. Share this post Link to post Share on other sites
Jonathan RexfordFL 8 Report post Posted January 15, 2010 Most of the lease option properties that I have done (where I have owned them) have a provision to turn into owner finance. I use to call it my 3 year and 40 year program. 3 year lease option and 40 year agreement for deed. Share this post Link to post Share on other sites