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Updated over 11 years ago on .

Jim Fell's profile image
Jim Fell's profile image
Jim Fell
  • Investor
  • from Dunlap, Illinois
  • Member since Apr 12, 2013
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User Stats

13
Posts
1
Votes
Jim Fell's profile image
Jim Fell's profile image
Jim Fell
  • Investor
  • from Dunlap, Illinois
  • Member since Apr 12, 2013
Connect
Jim Fell
  • Investor
  • Dunlap, IL
1
Votes |
13
Posts
General Real Estate Investing

Land Contracts and Mortgages

Jim Fell
  • Investor
  • Dunlap, IL
Posted

Can the buyer of a property that is under land contract put a mortgage on the property in first lien position? I would think that this is not possible because, as I understand land contracts, the seller of that property still holds the deed. Your feedback is much appreciated. Thanks!

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