Posted by Jim Holmes on March 04, 2000 at 01:14:41:
Pat,
Other than banks giving up foreclosure property at very easy terms, owner financing is the best way to go. There are not a lot of cons in owner financing except the fact that since you are getting 90-100% financing, it is imperative that you analyze the property and make sure the property cash flows. You can buy a lot of property this way, “but can you afford to own it?”
Good luck!
-Jim from Idaho