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Updated almost 2 years ago,
Subject To / Seller Finance
Hi all,
I have a fourplex in Lafayette that I am planning to sell. I moved out of Colorado. One strategy is to sell on the market, second is to do Subject to/ seller Finance.
Haven't done Subto / seller finance but my investor friend/property manager says that is the best way to make some money as interest rates are high and can get few investors to compete. I am a little wary of keeping the loan in my name and giving the ownership of the house to someone else. Has anyone done this and seen any legal issues down the lane that I can be in trouble for?
Thanks,
Sandeep Kongara