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Updated about 6 years ago on . Most recent reply

Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from Waldorf, MD
  • Member since Dec 5, 2014
Connect
Account Closed's profile image
Account Closed's profile image
Account Closed
  • Real Estate Investor
  • from Waldorf, MD
  • Member since Dec 5, 2014
Connect
Account Closed
  • Real Estate Investor
  • Waldorf, MD
320
Votes |
592
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Baltimore Real Estate Forum

No Title before the Renovation

Account Closed
  • Real Estate Investor
  • Waldorf, MD
Posted

I have a seller that wants to do seller finance with great terms.  Market interest rate, 10-20% down.  He is selling the property for 90k but willing to finance it for 100k.  How would you negotiate that?  Also, when doing seller finance, do we simply go to a lawyer and have a promissory note drawn up?  We steps are involved with seller finance?

Thanks.

Baltimore, Maryland
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