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Updated over 8 years ago,

User Stats

16
Posts
6
Votes
Tracy Stingley
  • Matteson, Il
6
Votes |
16
Posts

Seller Financing Capital?

Tracy Stingley
  • Matteson, Il
Posted

Hi friends! 

I am just starting out in REI. I am trying to think through creative ways to get started. I have been renting a townhome for the past 5 years. I am wondering if it would be possible and/or advantageous to do a seller finance agreement with the owner(my Aunt) and use that as capital for a hard money loan or another source of funding. I know that it's possible to do the seller finance for the home, but I am wondering if I can use the interest in deeds as capital for another loan. Does this even make sense?!

#Newby #REI #SellerFinance #Capital

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