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Considering selling my SFH to the current tenants
Hello everyone,
I am considering selling off my SFH rental to the current tenants and I was wondering if there were some creative ways to go about this.
They are unsure if they are going to be able to seek traditional lending but are planning to talk to different lenders this coming week. So, in the mean time, I was wondering how any of you went about selling your properties without using traditional lending.
As I have owned it for just under a year, I still owe roughly 75% of the mortgage. I know that a seller-financed deal could possibly be a way to go about this but I do not like the idea of the due-on-sale clause.
Just wondering if there was anything I haven't thought of!
Thank you!