Creative Real Estate Financing
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 8 years ago,
Re-finance with partial seller financing?
If I purchase a rental property with 45k cash down and 25k in seller finance, 10% interest only, with a balloon in 3-5 years will a bank allow me to take out a mortgage on the property and cash out in order to pay off the loan amount as soon as possible?
Or will the seller finance loan cause issues trying to get a mortgage from the bank?
Thanks in advance!