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15
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2
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Vincent Filia
2
Votes |
15
Posts

Refinancing a seller finance deal

Vincent Filia
Posted

Hi everyone, I'm new to BP and this is my first post.

I'm working on a triplex deal in Southwestern PA and I'm working with the property owner and leaning towards seller financing.

Once all renovations are done, and I have tenants in could I refinance, pay off the existing loan the owner has and have the property be mine?

I'd like to do this so that I'm safe from the seller defaulting on the loan & any other pit falls.

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