Thinking of seller financing my house.

Sacramento, California
Buying & Selling Real Estate
3yFollow

Thinking of seller financing my house.

Matthew Carty
Member since 2023 · 2 posts · 3 votes

I have an interesting situation, and I’m considering the benefits of seller financing my house with a wrap around contract. I have a 2.9 interest rate. 

The house is currently used as an Airbnb and it grossed $8200 this month. It is in Nevada City, California which to me, is a very special place.  The house is pretty special as well.  

Hoping to talk with investors or anyone to hash this idea out. 

3Reply
18 views

Most Popular Reply

Scott ScovilleBusiness Member
Real Estate Agent · Sacramento, CA · Member since 2019 · 502 posts · 274 votes
3y

Hey Matthew,

Interested. Just DM'd you:-)

[email protected]415-933-2202
Scoville Realty & Investments LLC
WebsiteView Page
1Reply
See this reply in the discussion

6 Replies

Jump to latestLatest
  • Ryan Muska
    Lender · Saddle Brook, NJ · Member since 2023 · 431 posts · 231 votes
    3y

    Who doesn't like a good seller financing deal?! Unfortunately I am not looking in the CA markets, but I hope someone is! Best of luck finding a buyer!

    0Reply
  • Jake AndronicoBusiness Member
    Realtor · Reno, NV · Member since 2019 · 1k+ posts · 938 votes
    3y

    @Matthew Carty

    Congrats on an awesome month!! Curious to hear how it performs annually (ADR, average occupancy, etc.)

    It sounds like you have a fantastic interest rate and this property is strong as an STR. I feel like there's more to the story.

    I'm assuming you're looking to unlock your equity for more passive income, the Airbnb may or may not be a headache at times to manage, hence the seller financing conversation? (correct me if I'm wrong)

    We have quite a few buyers up around the Tahoe area who are always looking. Curious to hear more. 

    415-233-1796
    0Reply
  • Carressa Walker
    Real Estate Agent · NJ · Member since 2023 · 47 posts · 15 votes
    3y

    This sounds like an interesting deal! What's your reason for wanting to sell? 

    0Reply
  • Scott ScovilleBusiness Member
    Real Estate Agent · Sacramento, CA · Member since 2019 · 502 posts · 274 votes
    3y

    Hey Matthew,

    Interested. Just DM'd you:-)

    [email protected]415-933-2202
    Scoville Realty & Investments LLC
    WebsiteView Page
    1Reply
  • Restyn Robbins
    Member since 2023 · 25 posts · 5 votes
    2y

    Hey Matthew! Did you end up seller financing the sale of the home? 

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free