Inflation & Recessions: Success Using Owner Financing

There’s a lot of talk about what’s going to happen if inflation starts to show up in our economy. With Owner Financing I have found you will not be affected negatively. The question is, “What is the market?” The CASH MARKET and OWNER FINANCE MARKET are two completely different markets. When the recession of 2008 hit I was able to take advantage of both markets. I took back 35% of my owner financed homes. I was able to recapture any appreciation that had happened from the time I bought … [Read more...]

How to Calculate Interest Only Owner Finance Payments

Calculating the payment needed to cover just the interest on an owner-financed contract or promissory note is simple. Just follow three easy steps and avoid two common pitfalls. Follow 3 Easy Steps Step 1: Obtain the current principal balance and interest rate from the land contract or promissory note Step 2: Times the balance by the interest rate Step 3: Divide by 12 In fact it is so simple you don’t need the best financial calculator, any standard calculator will … [Read more...]