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Updated almost 6 years ago,
Help with Seller Financing
Hey BP. My question is where and how do you SET UP seller financing? If you have a handshake and are aligned with a seller on the amortization, rate etc.... THEN WHAT??!!
What company do I go to to set up the lone and make it legal?
How does it work? Both the seller and I want to have everything managed correctly and fairly, if I default I should lose the property, I should be able to make auto payments like any other bank and the title should transfer to me when I pay it off.
I should be able to refi CLEANLY just like any other bank.
How do I do this? What companies do I go to? How do you execute getting the loan in place?