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Updated over 8 years ago on . Most recent reply

Best options to carry?
I'm looking to sell one of the properties and had a prospective buyer ask me to carry a loan for 5 years (amortized over 5 with 10% down).
I'm not familiar enough with Dodd-Frank limitations, so would love to hear thoughts on structuring this in a way that won't cause any problems should the deal ever need to get challenged. This is the only seller carry I'll do this year as well.
Of course I'll go to a lawyer to do the agreement, but want to make sure that going in I know what all the options are.
Thanks, BP'ers!
Most Popular Reply

@Chris Mason - Yes, they apparently had a couple issues and their credit score was low. I haven't gotten into the details yet as I was just trying to explore if it's a realistic approach for me.
@Roman M. - thanks for the thoughts.