owner financed property 4

https://yenkee-wiki.win/index.php/Why_Buying_Land_for_Future_Generations_Is_a_Smart_Legacy_Move

My uncle just bought a fixer-upper with an owner financed property deal. No bank, no huge down payment, just monthly payments straight to the seller. He says the paperwork was simpler, but the interest rate was a bit higher. Still, it let him get into a place that needed work when a regular mortgage wasn't an option.