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The Water Cooler
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Selling a property - owner financing
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<blockquote data-quote="XYZ" data-source="post: 3660271" data-attributes="member: 46739"><p>Bingo. If he has a big chunk of money to put down he should just go get a loan. </p><p></p><p>That being said there’s a local guy around here that’s made a fortune selling starter properties to people and then reselling them again when they default. I’m sure he’s got a legal contract out his kazoo. So yeah I’d make sure to get a good lawyer involved.</p></blockquote><p></p>
[QUOTE="XYZ, post: 3660271, member: 46739"] Bingo. If he has a big chunk of money to put down he should just go get a loan. That being said there’s a local guy around here that’s made a fortune selling starter properties to people and then reselling them again when they default. I’m sure he’s got a legal contract out his kazoo. So yeah I’d make sure to get a good lawyer involved. [/QUOTE]
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