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Updated about 3 years ago on . Most recent reply

User Stats

100
Posts
49
Votes
Caden Wakim
  • Flipper/Rehabber
  • Illinois
49
Votes |
100
Posts

Structuring a seller financing deal

Caden Wakim
  • Flipper/Rehabber
  • Illinois
Posted

I have been going with traditional loans using my lender for most if not all my real estate transactions, ill then pull my money back out via cash out and repeat. (BRRRR). I am now looking to branch out into seller financing/ owner carry back. my main question is structuring the deal. I know you would of course need a purchase agreement along with a promissory note, but what else plays into this? does anyone have an agreement they use and wouldn't mind sharing for me to read over etc.

The main question is structuring these deals along with what goes into them? thanks!!

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