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Updated almost 8 years ago,

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2
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0
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Mike Doran
  • Amherst, OH
0
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2
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Seller Financing then sell the note

Mike Doran
  • Amherst, OH
Posted

I'm selling a property we just remodeled, and my brothers sister in law seems interested in purchasing. They are not sure if she will qualify for a conventional loan. I am curious as to if I would be able to finance it for her, then just sell the note on Loan MLS or something similar. Do any of you have any experience on this? is there a certain amount of time the note should mature before it is sold? I am just trying to look at all of the outs before I get in. Property is free and clear, this would be a first place lien.

Thanks for any input

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