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Updated almost 11 years ago, 01/29/2014

Ryan Boyce's profile image
Ryan Boyce's profile image
Ryan Boyce
  • Flipper/Rehabber
  • from Virginia Beach, VA
  • Member since Jan 6, 2014
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User Stats

73
Posts
29
Votes
Ryan Boyce's profile image
Ryan Boyce's profile image
Ryan Boyce
  • Flipper/Rehabber
  • from Virginia Beach, VA
  • Member since Jan 6, 2014
Connect
Ryan Boyce
  • Flipper/Rehabber
  • Virginia Beach, VA
29
Votes |
73
Posts
Buying & Selling Real Estate

Due On Sale clause

Ryan Boyce
  • Flipper/Rehabber
  • Virginia Beach, VA
Posted

I heard Clay Huber's podcast about land contracts and have a question. 1)With a due on sale clause in a mortgage can you get a writen approval from the bank to do a land contract for owner finance? 2) Can you do a owner finance if you still are paying on the mortage? I would like to do an owner finance on my current primary residence but we still owe on the contract and after hearing podcast 16 I think it is a brilliant idea to do an owner finance and move on to our next house. Thank you for any help you can provide.

Ryan

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