183 – Owner Financing with Mitch Stephen
Mitch, together with his wife, Tommi, and his daughter, Shannon purchased their fair share of local houses. Their company, Independence Day, Inc. has bought and sold over 1,500 properties in and around San Antonio, Tx since 1996. This company specializes in buying distressed properties with OPM and selling those properties with Owner Financing.
In today’s episode, we discuss how owner financing works, and how it compares to other real estate investments, such as renting or selling properties outright.
In this episode, you’ll learn..
- Why Owner Financing?
- When Does it Make Sense?
- How can it help communities?