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Updated almost 11 years ago, 01/05/2014

User Stats

143
Posts
36
Votes
Justin Escajeda
  • Contractor
  • Pittsburgh, PA
36
Votes |
143
Posts

Seller financing question, Need Help

Justin Escajeda
  • Contractor
  • Pittsburgh, PA
Posted

I am asking a lot of questions lately! I appreciate all advice I get. I am having one hell of a time getting financed for a rental property I am trying to buy.

The seller is just your average home owner. He said he is up for seller finance, but is not sure how to set it up. Unfortunately, neither do I. Does the deed go to me right away, or after I Pay it off? Do we have a closing? If anyone has any advice of the topic I'D GREATLY appreciate it. Thank you!

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