Posted by Wil on May 14, 2008 at 12:41:21:
Hello Everyone,
It's been a while since I've been on the message board. I am in the process of repairing my credit. It is not 485 where it was but it is nowhere near the 640's and 700's that most lenders are looking for right now.
I have come across some very good owner financing deals which I can definitely work. There are two things that I am concerned with. 1) Getting the money for repairs about 15K and 2)an exit strategy. Most of the owner finance deals would like to be done between 6 and 18 months.
Does anyone have any ideas how I can make these deals work? I have been coming across some very good deals but I am skeptical because I don't want to get into something I can't get out of.
Any help is appreciated!
- The key is in the terms Rich-CA 20:04:51 05/14/08 (1)
- Re: The key is in the terms Wil 06:43:44 05/15/08 (0)