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Updated over 5 years ago on . Most recent reply

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Charlotte Dunford
  • Investor
  • Johns Creek, GA
488
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463
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Hoops to jump through with seller financing

Charlotte Dunford
  • Investor
  • Johns Creek, GA
Posted

What are some hoops one needs to jump through when doing seller financing? Any requirement for credit scores? income requirement? Debt ratio? Or is it completely up to the seller? What are some requirements you've encountered when qualifying for seller financing?

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Frank Procopio
  • Real Estate Agent
  • Naples, FL
268
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298
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Frank Procopio
  • Real Estate Agent
  • Naples, FL
Replied

Every seller is different. I have encountered some that asked about income and wanted tax returns. I also have come across seller's that cared about my experience. They don't want you to run their building into the ground and then have to take it back over 

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