Teach me Seller Financing please!!!

[Gonzalo Gutierrez]

Hi BP community. 

I just finished remodeling my second rental duplex but, since interest rates are too high, I won't refinance,  therefore, won't b able to cash out and keep doing the BRrrr method. 

I want to learn everything about seller financing and maybe get some blueprint and contracts. Any courses, mentorship programs, books, coaches you can recommend????

Thanks in advance 

Gonzalo 

[Kevin Sobilo]

@Gonzalo Gutierrez, why wouldn't you refinance?!? Rates are historically pretty average, not high. They only seem high because they have been abnormally low for quite a while.

You could choose to refinance into an adjustable rate loan where the rate adjusts every few years. If you use a portfolio loan the lender may allow you to modify the loan (for a modest charge) when rates go down. Or when rates go down you can refinance again and both lower the rate, pull out more equity, AND spread the payments out again!