I need help with seller financing documents
1 Reply
Derrick Ziglar Jr
Rental Property Investor from Dallas TX
posted about 2 years ago
I just recently spoke with a owner that is open to owner financing in VA. This is my first time and I was wondering if anyone is willing to share their purchasing contract and any calculators they use to calculate interest and payments. I want to provide the owner with a down payment next week and then provide her with a few payment plan options. I am definitely open to advice and any help with this. Thanks for your help in advance!
Chris Seveney
Investor from Northern Virginia
replied about 2 years ago
Always have an attorney draft up the loan documents. For payments google mortgage amortization table and from there you can calculate payment and terms etc