Updated about 7 years ago on . Most recent reply

Seller Finance & Buy and Hold Deals
Approaching my first Seller Finance deal tomorrow 8/2/18! I completely get thet bu concept of a seller finance deal, but there is always more to learn; like the do's and don'ts. I am also open to do a partnership since its my first deal.
What should I have in my contract and what should I look for in doing a seller finance deal.
Thanks in advance!
I am located in Charlotte,Nc!
Most Popular Reply

Seller financing is flexible and you can put whatever you and the seller agree to. I would come up with terms, write them down, then have an attorney write up the contract. Find a good RE attorney that can also handle the closing and escrow if you have it.