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Updated about 8 years ago,
Investor is selling my note... Asking for too much personal info?
Hi everyone,
I had bought a SF rental property in early August from an investor that was selling his portfolio. I paid him 20% down and he seller financed the other 80%. Two days ago I received an e-mail from him stating that he is selling the note off to an investment firm and needed my SS# and employment history for the firm.
I'm not just going to send him that information no questions asked. But, my question is, should I have to provide him or the firm any of this information since I am not technically a part of their transaction and what should my response be?
I've never been through this so I don't know what the norm is. Any input is greatly appreciated!