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Updated almost 4 years ago,

Randy L. Kizzia's profile image
Randy L. Kizzia's profile image
Randy L. Kizzia
  • Member since Sep 21, 2019
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Randy L. Kizzia's profile image
Randy L. Kizzia's profile image
Randy L. Kizzia
  • Member since Sep 21, 2019
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Randy L. Kizzia
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Starting Out

Seller Financing without a clear title

Randy L. Kizzia
Posted

I am making an offer on a four-plex in a nice area. The offer is for $300,000 with a 4-5% interest rate yet to be finalized. The seller still owes $93,000 on the property. I am willing to make a down payment of $40,000. How do we structure the note or notes with this mortgage balance issue?

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