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Updated 11 months ago on . Most recent reply

User Stats

63
Posts
17
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Mark Graham II
  • Williston, ND
17
Votes |
63
Posts

Seller finance exit strategies

Mark Graham II
  • Williston, ND
Posted

So I’m fairly new to the idea, but understand the approach, and negotiation aspect of seller finance. Where I’m having some difficulty understanding is the exit strategy. I’m looking to do LTR on the property, and ideally won’t need an out, but there’s always the challenge of life changing events.
My question is:

In the event something were to happen and 5-10 years down the road, I needed to sell the property to raise capitol, how does that work? Would it just be a double close to pay off the seller financing and I walk away with the appreciation and cash flow earned while under my control?

My primary concern is taking care of the seller whom I bought from, and the end buyer being able to have conventional financing in place as the end buyer. Any help on this would be appreciated. 

Most Popular Reply

User Stats

56
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38
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Brandi K.
  • Rental Property Investor
38
Votes |
56
Posts
Brandi K.
  • Rental Property Investor
Replied

@Mark Graham II you are over complicating it. It looks just like any other sale. Seller financing mortgage is paid at closing by your funds left over funds are yours.

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