Owner Financing

What is Owner Financing? Owner financing (OF) is pretty simple. It’s when the guy who sells you the object or service takes his money over time (monthly) rather than as lumpsum cash. Do you need some expensive mouthwork? Look around and find a dental office which will let you pay them over time for all that rootcanaling and crowning. Gotta have a new refrigerator? Yeah, you might have to apply for a Sear’s credit card so you can keep your milk from spoiling while you pay for the thing. 
In the case of real estate (RE), the owner functions as both seller and lender, and just like a bank, she won’t...Read more