We currently own two rental properties and our primary home. We have been tossing around the idea of acquiring another rental, but purchase price would likely be under 25k. Has anyone here done owner financing? What does that typically look like? HELOC on another property you own? We've got about 50k equity in our primary home, and 40-50k equity in one rental. The other rental is worth about what we owe. We have cash, but obviously a property at this price point would need work, so we would like to keep cash handy for that, as well as for unforeseens on our other properties.