land contracts and contract to deed
Hello my name is Daniel Im interested in a house that the seller is selling with a land contract. I would like to know if there is a way that I could sell the house before it is completly paid off. I have been told that with this type of contract as a buyer I don't get the deed to the house until it is completly paid off. I want to buy it as a rental property keep it for a few years then sell it. I read some where that I could sell the house to a 3rd party if I do a double closing and pay the owner what is owed to him and take my profit at the same time. I wanted to know if anyone has done this before.