Nice comment surveyor. Mostly stuff that is consistent with my experience, though much of it only applies to a piece of the commercial real estate market.
But I’m totally confused by this.
[quote=surveyor]Never never never go into an owner financed loan. If you can’t get funding through a commercial lender, don’t buy the property in the first place.
[/quote]
Why not? if the terms are right, once a loan is made, contract signed and recorded, 100% of the leverage is on the side of the borrower. What do you see as the downside?