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Updated almost 2 years ago on . Most recent reply

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922
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Justin Fox
  • Software Developer
  • Vidor, TX
638
Votes |
922
Posts

Question about Seller Financing Terms and Rates

Justin Fox
  • Software Developer
  • Vidor, TX
Posted

I have people interested in me building them a home and then seller financing the home to them.

I'm open to that but I've just never done any private lending, so I'm unsure about terms and rates.

Are loans like these typically structured like ARMS?  10/30?  And then you re-finance again at another rate?

Thanks!

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