Posted by Gino_az on February 28, 1999 at 06:32:00:
I do deals in this way. You can read my ad in this weekends AZ Republic (No qual 5bd 3ba in Tempe). You’ll see that i can offer Owner Financing as well as only 10% down regardless of credit. That ad gets me about 15 calls a day on a Sat and about 30 on a Sunday. I sell the note simo, for about 95% usually to a person with about a 540-580 score, totally unseasoned. I carry a small second note if needed, season it for about 9 months and sell that.