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Updated about 5 years ago on . Most recent reply
FIX & FLIP TO SELLER FINANCING
I recently finished with all my renovations and this time decided to Seller Financance, the issue I am having is I have a buyer however I have not reached my 6 month seasoning period to refinance and get out of my Hard Money Lender. What should I do. The buyer wants to close at the end of this month and I cant refinance until April.
Please Advise!
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#2 Land & New Construction Contributor
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- Charlottesville, VA
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#2 Land & New Construction Contributor
- Developer
- Charlottesville, VA
Originally posted by @Wes Barnes:
I recently finished with all my renovations and this time decided to Seller Financance, the issue I am having is I have a buyer however I have not reached my 6 month seasoning period to refinance and get out of my Hard Money Lender. What should I do. The buyer wants to close at the end of this month and I cant refinance until April.
Please Advise!
You do a lease with option to purchase if you want the tenant to take more ownership and put up a down payment.