Skip to content

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

User Stats

39
Posts
23
Votes
Erik Manley
  • Lender
  • Orange, CT
23
Votes |
39
Posts

Best books or resources to master seller financing?

Erik Manley
  • Lender
  • Orange, CT
Posted

Hello everyone, I'm currently set to close on my first two-family using a 203k at the end of October, and after going through the loan and legal process, it's crazy how expensive it can get to acquire a new property. Ever since reading Brandon Turner's book on investing with low and no money down I've always been interested in seller financing and I know it is going to integral if I'm going to buy more than one property every other year. I've tried to search as much as I can online but I've never found an indepth explanation of how the interest is paid, like if the percentage is calculated monthly like a regular mortgage, or on the lump sum. Plus the legal process for seller financing. If anyone knows of any great books or resources on seller financing I would appreciate it because I'm trying to learn as much as I can to get ready for my next property, as well as help my friends out that are also trying to get their next ones too. Thanks!!

  • Erik Manley
  • Most Popular Reply

    User Stats

    3,177
    Posts
    1,999
    Votes
    Christopher Phillips
    • Real Estate Agent
    • Garden City, NY
    1,999
    Votes |
    3,177
    Posts
    Christopher Phillips
    • Real Estate Agent
    • Garden City, NY
    Replied

    @Erik Manley

    https://www.biggerpockets.com/renewsblog/2013/11/05/seller-financing/

    Loading replies...