Loan servicing companies for seller finance

Rental Property Investor · Grand Prairie, TX · Member since 2018 · 2k+ posts · 2k+ votes

I just packaged up and sold 5 SFR to another investor. I'm looking to start selling off a chunk of my portfolio to be more passive. And this is my first seller financing deal I've done. What's a good way to collect the monthly payments? And if you recommend a loan servicing company, which company do you recommend?

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Chris SeveneyBusiness Member
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Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
7mo
Quote from @John Morgan:

I just packaged up and sold 5 SFR to another investor. I'm looking to start selling off a chunk of my portfolio to be more passive. And this is my first seller financing deal I've done. What's a good way to collect the monthly payments? And if you recommend a loan servicing company, which company do you recommend?

we use madison management out of reno
other companies out there are provident loan servicing and FCI.
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