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Updated over 6 years ago on . Most recent reply

Brock Thomas's profile image
Brock Thomas's profile image
Brock Thomas
  • Real Estate Agent
  • from Kansas City, MO
  • Member since May 27, 2015
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61
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35
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Brock Thomas's profile image
Brock Thomas's profile image
Brock Thomas
  • Real Estate Agent
  • from Kansas City, MO
  • Member since May 27, 2015
Connect
Brock Thomas
  • Real Estate Agent
  • Kansas City, MO
35
Votes |
61
Posts
Creative Real Estate Financing

Using owners note to flip his house, questions w/ contract

Brock Thomas
  • Real Estate Agent
  • Kansas City, MO
Posted

I have a seller who wants to sell to me.  He has a loan that is current with a loan amount of about $125,000.  We agreed on a sales price of $187,500.  He is willing to keep his loan/ let me use it while I rehab and sell the house.  How do I structure this?  

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