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More info here: Is Owner Financing A Good Idea Owner financing is where the owner/seller of the property you want to buy acts like the bank.
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Heres an example of how this would work Lets say my home is worth 1.3 Mil, and I have a mortgage balance of 600k at a 2% rate. I will be building my own home with my own hands, and without the aid of loans as I've been saving for this for some time. Buying the raw land Owner Financing LAND for SALE with $499 Down Payment • LANDIO
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Repost* from my real estate channel a couple of years ago. But I definitely want to share it with my followers on this channel. How to Find Owner Financing Properties on Zillow
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Is Owner-Financing A Smart Way To Buy A House?