All Forum Posts by: Ramon Mota

I found its called a note servicing company. I'm sure that information is available on biggerpockets but I'm new to navigation of the site.

I went to look at the offer today. Is there a company that would be able to keep track of payments and amount still owed for me. As well as any reporting to credit agencies? Were in California if that matters.

Ok I talked with one today he gave me some general information about what papers he would file and suggested down payments.  

Hi I'm new to selling property. We have a restaurant that is paid off and would like to sell. We received out first offer and they want owner financing. 

How would I set up a contract that protects my interest and will not force me to sell if they back out later. 

can I have them do a payment and make it non refundable if they don't have financing by the end of the term.

Will do. I would like to keep them because they have been renting the place since 2015. So I'll try the other way first. 

I inherited a property with a month to month lease and it's not really a legal lease. I attempted to have them sign a new one but they never returned the paperwork. I'm also planning a 3% increase after the first of the year but don't want it to seem like retaliation. I've never been a land lord before and have been reading the investment property book from BP.