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Updated almost 2 years ago on . Most recent reply

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10
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Marci Daugherty
2
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10
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Seller Fin. Structure to be able to cash out equity

Marci Daugherty
Posted

I have read conflicting information about ability to refinance for cash out or any ability (another creative option?) to obtain equity after being in a promissory note with seller financing (clear title, 25 percent down, fee and clear ) . Term 10 yrs , amortized 30. How do I ensure there is a clause or mechanism for me to do this after at least 1 or 2 years? 

  • Marci Daugherty
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