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Updated over 6 years ago,

User Stats

21
Posts
1
Votes
Neil Robertson
  • Houma , Louisina
1
Votes |
21
Posts

Seller Financing Intresting Strategy

Neil Robertson
  • Houma , Louisina
Posted

Wonder if anyone has used this interesting strategy that I was kicking around 

Lets say you get a seller financing deal for 100,000, 30 year amortization, 8 year balloon @ 3% (balloon payment would be 

$81,829.19 after 8 years.)

Lets say after 3 years you offer the seller to payoff the remaining balance but for doing so you ask for a 10,000 or 15,000 discount on the principal you owe, making this an even better deal for you. 

The seller gets their money earlier than they expected and you get a good discount on the property.

Has anyone tried this method? i guess it would really depend on the seller and their situation

I read a forum post a while back but couldn't find it 

any feedback would be awesome! 

thanks guys 

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