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Updated over 5 years ago,

Account Closed
  • Chicago, IL
0
Votes |
3
Posts

Asking seller to be the lender

Account Closed
  • Chicago, IL
Posted

Hello everyone,

Has anyone everyone requested and negotiated with a seller to be the lender? I've heard of this before but would like to understand the approach if it's even viable. What are the steps you took? And did you end up doing a cash-out refinance to pay off the seller in order to own the property outright and have a fixed mortgage?

Thanks!

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