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Updated over 1 year ago on . Most recent reply

software to track a promissory note and existing mortgage with a subject to purchase
Hi,
I recently purchased a single-family home using subject to financing. I took over the existing mortgage and am paying the seller monthly for their equity. I know I could throw together a google spreadsheet to track payments and equity remaining balance, but wanted to see if there is any low cost or free software to better track and report this promissory note?
I am pro member so i have access to rentredi, but i dont see a way to track this. Any help is appreciated.
Erik
Most Popular Reply

@Erik Bringleson
You need loan servicing software - not sure if any free versions but recommend a spreadsheet or google loan servicing software
Most of the paid stuff is very expensive
- Chris Seveney

7e investments
16 Reviews
5.0 stars