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 3 years ago,
Do I have to disclose seller financing to banks?
Hi I am looking to do a seller financing deal on one property and then take out a conventional loan from a bank for another. Is this allowed? Do I need to disclose to the bank I have a seller financing contract? I’m hoping I don’t. If yes how much will that effect the loan I get from the bank for my other property?
Thank you!