Private Lending & Conventional Mortgage Advice
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated about 4 years ago on . Most recent reply

Seller finance and balloons
I am currently negotiating a multi property deal that the seller has agreed to a seller finance with a balloon payment in 10 years. My question is if I have an end buyer who would also like to have a similar setup can I wrap the current balloon payment into a seller financing deal for an end buyer. If I can what are the best steps (e.g. attorney, RMLO, etc) that I should take and what should I consider if something goes wrong. Would you recommend avoiding any particular elements to a deal like this and if so why? I have done a few seller finance deals prior but they were very different than this. I am in Missouri.
Thank you!