Jerry W. Williams: Owner Financing
Owner financing is a financial arrangement in which the seller of a commercial property finances the purchase for the buyer. This can be a beneficial option for both parties, as it can provide the seller with a recurring stream of income, improve their cash flow, and reduce their risk. For buyers, owner financing can make it possible to purchase a commercial property without having to qualify for a traditional mortgage. This can be especially beneficial for buyers who may have a lower credit score or a higher debt-to-income ratio.