Real Estate Riches: 10 Strategies for Profitable Property Investments

7. Owner Financing

In owner financing, you act as the bank for the buyer, allowing them to make payments directly to you instead of securing a traditional mortgage. This can be an attractive option for sellers in markets where mortgage approval is challenging.

Owner financing can provide you with a steady income stream and potentially higher returns, as you can often negotiate higher interest rates. However, there’s the risk of the buyer defaulting, so it’s crucial to vet your potential buyers carefully.