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Updated almost 4 years ago on . Most recent reply

User Stats

37
Posts
8
Votes
Brandon Phillips
  • Real Estate Agent
  • Des Moines, WA
8
Votes |
37
Posts

What's the worst that could happen?

Brandon Phillips
  • Real Estate Agent
  • Des Moines, WA
Posted

I see lots of great info and content about creative financing. Especially SELLER FINANCING. Let's say the math pencils out to get a deal with seller financing BUT....let's say the balloon payment is due and the property hasn't appreciated to the point where you can get a loan with a bank to pay out the seller...what are some back-up plan, exit strategies, worst case scenarios?  Any stories, experiences, tips, advice on the matter? 

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