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EQUITY NOTES
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 ?

Thanks
Tom
Thomas Martin
QUOTE (EQUITY NOTES @ Jan 15 2010, 12:14 PM) *
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 ?

Thanks
Tom



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 Martin
911loan@gmail.com
MichaelC
QUOTE (EQUITY NOTES @ Jan 15 2010, 12:14 PM) *
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 ?

Thanks
Tom

tom, 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.
Jonathan RexfordFL
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.
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