Seller Financing Refi out

[Marco Santana]

Hi BP group,

I am interested in seller-financed deals, and I have two questions you might be able to help with:

1) Is it possible to refinance a seller-financed property through a bank or other traditional lenders?

2) What protective measures should I consider as a buyer in a seller-financed deal to ensure the offer is as efficient as possible?

Thank you,

Marco

[Chris Seveney]

@Marco Santana

1. Yes you can refinance out as long as you qualify and meet the terms of the lender

2. Tough to answer this question, terms should meet your needs and make sure you can afford the property

Why are you wanting owner finance over conventional?