By Clay Huber
I love owner financing. Heck, my entire company’s investment model is built around it. In my opinion, it is truly a great real estate investment tool that should be used by everyone. I’m not suggesting you need to base your entire model around it like myself; however, having a few owner financed homes in your portfolio isn’t going to hurt anything.
The term “owner financing” is a very broad term. Maybe you’ve heard it used as exactly that, or heard one of the various other terms for it. Here in the great state of Michigan, we call these transactions land contracts. …read more