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Updated over 4 years ago,
Purchasing property via seller financing
Hello everyone,
I've been doing research and reading books and the forums on information regarding purchasing a property via seller financing. I currently have a duplex lined up to purchase with seller financing. I'm looking for any information regarding what steps I need to take next in negotiating terms of loan as well as legal guidance such as hiring an attorney to draft the terms of the loan.
I already own a few properties which I've purchased via cash and traditional financing using the BRRRR strategy. However, this will be my first time purchasing a property via seller financing.
Any information and advice would be greatly appreciated.