Updated almost 2 years ago on . Most recent reply
John McKeePoster
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How to do seller financing with a loan on it
John McKeePoster#5 Commercial Real Estate Investing Contributor
#5 Commercial Real Estate Investing Contributor
- Investor
- Fairfax, VA
Question for the group. I have 1 million dollar property with about 500K left on the loan. How can I sell it with seller financing if the bank already has a note on the property. I can't afford to pay off the 500K myself and either can the tenant for a downpayment. Any solutions on how to structure a deal like this?