Updated over 6 years ago on . Most recent reply
Seller Carrying Back a Note
So I currently have my property up for sale and another investor mentioned that I should carry back the mortgage to seller finance it. I'm a little confused because I thought you had to own the home outright to seller finance it? I have a 1st mortgage and HELOC on it. There will be capital gains if it sells at my asking price. Any clarity is greatly appreciated! Zee