Skip to content
×
PRO
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
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
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 over 9 years ago,

User Stats

13
Posts
4
Votes
Si L.
  • Sacramento, CA
4
Votes |
13
Posts

Seller Financing Help

Si L.
  • Sacramento, CA
Posted

Hi BP community.

First post,  
I'm the seller of a SFR, and will be carrying the Note (seller financing) to help out the buyer/tenant who is someone I know.

I have no experience in such deals. 
Is there agreements/contracts out there I can just modify and sign with the buyer?
If so, can someone point me to these?

Or is it better to hire lawyers, title company, etc.  
If so, who do I need to hire in my team to draft up these contract?
Who typically pay for these fees?  Or is it usually split?

Is it better to transfer the deed to the buyer at the time of contract signing Or after the loan is paid in full?

thank you

Loading replies...