Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Creative Real Estate Financing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated 2 days ago on . Most recent reply

User Stats

59
Posts
45
Votes
John B.
  • Investor
  • Keller, TX
45
Votes |
59
Posts

Would you even consider seller financing?

John B.
  • Investor
  • Keller, TX
Posted

Hi, I own a townhouse in FL that I bought 10 years ago for 100k. Its worth about 220k now and cash flows around 1k a month after HOA etc. I owe 58k left in mortgage. If i did seller financing to another landlord, they may have an issue renting it due to 1st year HOA rules. That may prevent them from buying. Should I even entertain looking into this more?

Most Popular Reply

User Stats

866
Posts
636
Votes
Taylor Dasch
  • Real Estate Agent
  • Temple, TX
636
Votes |
866
Posts
Taylor Dasch
  • Real Estate Agent
  • Temple, TX
Replied

Depends on the amount you would get on the seller financing if your just selling it for the same amount and are going to walk away with the same net, I wouldnt entertain it at all, but if you are going to make a decent profit, Id say its worth looking into. I am sure there are ways to get around that rule. 

business profile image
Envision Realty
5.0 stars
37 Reviews

Loading replies...