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Updated over 5 years ago on . Most recent reply

Alex F.'s profile image
Alex F.'s profile image
Alex F.
  • from Cincinnati, OH
  • Member since May 19, 2018
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9
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Alex F.'s profile image
Alex F.'s profile image
Alex F.
  • from Cincinnati, OH
  • Member since May 19, 2018
Connect
Alex F.
  • Cincinnati, OH
3
Votes |
9
Posts
Starting Out

Seller Financing - Beginner

Alex F.
  • Cincinnati, OH
Posted

Hello Everybody!

I’m wondering about seller financing. Would a seller have to own the property free and clear or would it still work if they have a mortgage on it?

Also how does the escrow work? I have one mortgage out now. And the insurance/taxes are obviously included in the escrow, but how would that work with seller financing?

Any feedback is appreciated, thanks!

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