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OCR Land Contract

OCR Land Contract

Aug 6th, 2022

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How to OCR Land Contract

4.9 out of 5

13 votes

In today's video, Brent Fisher and his business partner discuss three benefits of land contracts in real estate. They have experience with a portfolio of nine units, starting with a property purchased via a land contract. Unlike traditional financing, land contracts allow property owners, who own their property free and clear, to act as the bank in the sale. This means a buyer can negotiate terms directly with the owner instead of going through a bank. The hosts acknowledge that many property owners prefer cash sales, but emphasize that finding an owner willing to use a land contract can be beneficial for both parties involved in the transaction.

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