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Updated over 5 years ago,

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1,466
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John Hickey
  • Rental Property Investor
  • Chappaqua, NY
947
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1,466
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Selling a property and Holding a mortgage any tips?

John Hickey
  • Rental Property Investor
  • Chappaqua, NY
Posted

I’m selling a property that I own and the buyer has asked if I will hold a mortgage on it.  

First I’m new to this so i was wondering if there are any dos or donts I shld be looking for.  

Second.  Does anyone have a document they could share like a template? 

My attorney has never done this and she was a little reluctant to start from scratch.  

I know how to do the schedule of payments.  

It’s 250k over four years with no interest.  

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