Seller Financing - With or without consent question.
Good evening, I am about to do my first seller finance deal and I need to know what my exposure would be when allowing the buyer to sell or lease the property without consent.
If you can help me with this, please let me know. I plan on having many more deals in the very near future but this one is throwing me for a loop.
BTW, property is in the greater Houston area and is being contracted at $120k sale, $20k down, 7.5% interest for 15 years.