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Updated about 6 years ago on . Most recent reply

Paul Sassin's profile image
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Paul Sassin
  • Member since Jan 28, 2019
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Paul Sassin's profile image
Paul Sassin's profile image
Paul Sassin
  • Member since Jan 28, 2019
Connect
Paul Sassin
4
Votes |
35
Posts
General Landlording & Rental Properties

Seller Finance Question

Paul Sassin
Posted

Can anyone help explain something regarding seller financing? If the seller still has a mortgage payment, is it still possible to workout a decent seller financing deal? What happens to that mortgage? I guess seller financing always made sense to me if the house was paid in full but when there is still a mortgage payment for the seller, I’m having a hard time seeing a good deal for both sides.

Thanks!

Paul

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