Owner carry loan

Asked by Emoore47, San Diego, CA Mon Jul 23, 2012

Looking for owner carry loan.my credit is not good but I have good monthly income

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Don Tepper, Agent, Burke, VA
Mon Jul 23, 2012
Look at my suggests at http://bit.ly/FindaLeaseOption This was written to find lease-options, but most of the suggestions are applicable to finding owner financing. The bottom line is that you're looking for someone who wants to sell but doesn't need all his cash at once.

Also, you should check with a loan officer or mortgage broker just to make sure you don't qualify for conventional financing . . . or to find out what's needed to do so. You'll have a much greater variety of properties to choose from with conventional financing.

Hope that helps.
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