Looking for Loan Servicing Company in WI for Seller Financing?

[Daniel Dietz]

Good Morning All,

I am working on a deal to buy 10-12 units from a seller that only wants to do it with Seller Financing, and most likely with a full amortization instead of a balloon in a few years. This will be a first for both of us.

I have heard there are companies that will 'take care of the servicing  for this. I assume that means I would pay the company, they would do the 'book work' and forward payment to the seller.

Who do you all use for this, and are they state specific in nature? Is there any DIS-advantage to this method compared to other methods out there. It seems like the logical easiest method for all parties involved.

Thanks, Dan Dietz