pro's and con's of owner financing - Posted by mj


#1

Posted by Mr Donald (NORVA) on October 19, 1998 at 18:00:39:

Lease option comes immediately to mind. Call it a rent-to-own deal, and see what happens.


#2

pro’s and con’s of owner financing - Posted by mj

Posted by mj on October 19, 1998 at 16:05:45:

I’d like to purchase my rent house, but would like owner financing, because of past credit problems. The house is owned by a company, not an individual. What are my best options?


#3

Re: pro’s and con’s of owner financing - Posted by Bud Branstetter

Posted by Bud Branstetter on October 19, 1998 at 21:25:25:

You need to contact the company that owns the house you are renting to see if they are interested in selling in any form. If you find out they want cash you can still contact a mortgage broker that does C&D borrowers. They will advertize as “can do bad credit”. If you have no cash and bad enough credit then you are confined to finding an honest rent to own seller.