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Updated over 4 years ago on .

Flora Nguyen's profile image
Flora Nguyen's profile image
Flora Nguyen
  • Rental Property Investor
  • from San Diego, CA
  • Member since Feb 1, 2018
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User Stats

17
Posts
20
Votes
Flora Nguyen's profile image
Flora Nguyen's profile image
Flora Nguyen
  • Rental Property Investor
  • from San Diego, CA
  • Member since Feb 1, 2018
Connect
Flora Nguyen
  • Rental Property Investor
  • San Diego, CA
20
Votes |
17
Posts
General Real Estate Investing

Sellers Finance Legality

Flora Nguyen
  • Rental Property Investor
  • San Diego, CA
Posted

Hi BP! 

Does anyone have experience with seller's finance in terms of procedural and paperwork required? Is it similar to a conventional loan where you have to put a down payment or can you do zero down if the seller agrees? Is it just a promissory note produced by an attorney with type of loan/interest rate? Will escrow need to be involved and what would be their involvement? 

Thank you!! 

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