owner financing

[Charlie Colasante]

question?  Can you owner finance your property if you still have a mortgage on it?

[Jon Holdman]

Yes you can do it.  Almost certainly you will violate the due on sale clause in the existing mortgage.  I don't know of any owner financing technique that doesn't.  Subject to, wrap mortgage, a lease longer than three years or an option all violate most due on sale clauses.