Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Mobile Home Park Investing
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

Updated about 13 years ago,

User Stats

21
Posts
4
Votes
Jason L.
  • Developer
  • Carlsbad, CA
4
Votes |
21
Posts

Mobile Home Seller Financing - California

Jason L.
  • Developer
  • Carlsbad, CA
Posted

I need some help with this process. I've been researching how to go about setting up seller financing for a relative of mine and have had a difficult time finding any information.

Here's the scenario: the seller has agreed to carry financing. My relative is going to put money down and the term will be about 10 years.

Questions - Do I record the note anywhere? If so, where? My understanding is this isn't like recording a note against a SFR.

If I don't record the note then how does it work?

What forms are needed other than a purchase & sale agreement?

Thanks,

Jason

Loading replies...