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Updated over 8 years ago,
Can I use seller financing for my rental that has a mortgage
Hello Biggerpockets Family,
I have a question that I am looking for advice on. I want to know if I can sell my rental property using seller financing if the property currently has a mortgage on it from a refi? I am looking to sell a property for ~60k using seller financing , however the property has ~25k mortgage. I would like to sell the property using seller financing so that I can still cash flow the property without the tenant headache. I would like to know if this is possible without having to pay off the mortgage. Thanks