Hey all. If I were to get 100% owner financing on a rental property, what terms woulf be considered appropriate? For example, Interest rate, length of mortgage etc… Any suggestions?
I think the price is a big consideration. In other words is the house is worth 50,000 and they give you 100% owner financing at 75,000 would you take it? No matter who does the financing, it comes down to making your cash flow numbers work. Figure out what those are and that should let you know what terms you need.